, loan commitments, and financial guarantee contracts. In the second quarter of 2020, expected credit losses amounted to Baht 13,238 million, increasing from Baht 5,087 million in the first quarter of 2020
excluding the release of excess loan loss reserve, credit cost amounted to 2.40% of average loan with increase partly due to the provisions for loan commitments and financial guarantee based on TFRS 9. Basic
provisions for loan commitments and financial guarantee based on TFRS 9. Basic earnings per share at Baht 1.75 per share. Annualized Ratios 1Q19 2Q19 3Q19 4Q19 2019 1Q20 Net Profit (Baht million) 1,228 1,471
requirement are loan receivable and financial assets which are debt instruments that are not measured at fair value through profit or loss, loan commitment and financial guarantee contract. The expected credit
loan commitments and financial guarantee contracts. Recognition of allowance for doubtful accounts uses expected credit loss model. As a result of this, the allowance for doubtful accounts is recognized
the ones established by the IFAC; (4) “Quality Assurance Review Panel” means a body of persons appointed by the SEC Office to give advice and recommendations regarding supervision of auditors in the
Companies, Federation of Accounting Professions, Thai Investors Association, Thai Institute of Directors, The Thai Bankers’ Association, Association of International Banks, Thai Life Assurance Association
2566-2#2I-!9%*44 (website) Dec 66.xlsx Statistics of Civil Sanctions (As of 31 December 2023) Cases Persons Civil Monetary Penalty A compensation at an equal amount to the benefit received A
diverging monetary policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Given the changing customer behavior amid new technologies, regulatory changes and
sharp contraction in the first quarter of 2020 as economic activity was crippled due to efforts to control the spread of COVID-19. The World Economic Outlook of the International Monetary Fund estimated