. Restriction on utilization of real estate has been removed by adding right-based asset as a new asset class which involves the right to use properties that can be transferred and placed as a guarantee for debt
Ministry of Commerce *Projection by KResearch Ye ar -o n- Ye ar C ha ng e ( pe rce nt ) 4.0 4.9 4.6 4.2* 0.9 0.6 1.3 1.5 0 1 2 3 4 5 6 4Q 1Q 2Q 3Q GDP Headline Inflation 1 1 1 1 2 1.2 Banking Industry and
prudent credit policy in order to maintain overall portfolio quality. We thus held co-promotions with our real estate business partners targeting specific groups of customers through the offering of a
brighter investment outlook, and ongoing growth in tourism. At the same time, the real estate and construction sectors grew modestly, with expansion seen only in certain areas. Likewise, consumption fared
era to aid our customers in their business operations. In the third quarter of 2019, KBank granted support to customers in food and beverages, real estate and leasing businesses through their issuance
-depth information on real estate investment. Meanwhile, we continue with our 12 aspiration to become “Customers’ Life Platform of Choice” - the most-preferred platform that can meet customers’ needs in
guarantee assets at certain banks, however, banks’ performance was still under Thailand Economic Growth Sources: Office of the National Economic and Social Development Council and Ministry of Commerce
percent 3.0 3.3 3.9 4.0 -0.9 0.2 0.7 1.1 -2 -1 0 1 2 3 4 5 GDP Headline Inflation Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and Ministry of Commerce
Economic Growth Sources: Office of the National Economic and Social Development Council and Ministry of Commerce *Projection by KResearch Ye ar -o n- Ye ar C ha ng e (p er ce nt ) 2 1.2 Banking Industry
recovery after the policy rate was cut to 1.00 percent during the MPC meeting held on February 5, 2020. Sources: Office of the National Economic and Social Development Council and Ministry of Commerce