-financial-innovation Nakarin Amarase, Ph.D. Head of External Affairs, Corporate Strategy Function, Siam Commercial Bank PCL. SEC Capital Market Symposium 2023 Financial Innovation Economic Growth Creativity
Reporting Standards (IFRS9) going forward. All of these factors may affect business adjustments of commercial banks in terms of provisioning expenses, risk calculation, capital maintenance and their overall
company will consider the readiness of technology and suitable period to obtain the licenses. A preliminary investment budget for provisioning of 5G service in key area is approximately Baht 10-15 billion
economic situation which could affect loan quality, provisioning and guidelines for debt restructuring as commercial banks must comply with the Thai Financial Reporting Standards (TFRS9): Financial
was mainly due to (1) reversal of provisioning for decommissioning costs and (2) higher membership revenue. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250
: 02-0195000 Other income grew from THB 21.2 Mn in 2017 to THB 35.0 Mn in 2018, an increase of THB 13.8 Mn or 64.9%. This increase was mainly due to (1) reversal of provisioning for decommissioning costs
requirements to be fully enforced in 2019, as well. These new standards may eventually affect provisioning expenses, risk calculation and capital maintenance of commercial banks. All of these factors may change
financial institutions (4) Risk supervision and consumer protection (5) Lending prohibitions (6) Asset classification and provisioning (7) Asset management and maintenance of reserve requirement (8
thoroughly economic growth can spread to all sectors. However, given commercial banks’ relatively high capital base in combination with consistent increases in provisioning reserves, the commercial banking
provisioning reserves, the commercial banking system will still be able to provide quality loan support. Fee income from fund transferred in 2017 will be impacted by the government's National e-Payment scheme to