conditions. Nevertheless, risk factors still remain from the following 1) Contractions in private investment continue especially in the construction segment 2) Continued slowdown in manufacturing productions
environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly
a slight growth of 0.5% YTD. Meanwhile, hire purchase loans still showed contractions of 5.2% from the end of 2016. For asset quality, the amount of Non-Performing Loans (NPLs) increased from the end
portfolio grew by 2.1% from the end of 2018 with growth driven across almost all segments but with contractions in the hire purchase and SME loans segment. The hire purchase portfolio declined by 2.7% from
Operations During 2Q19, the overall Bank’s loan portfolio grew by 2.1% from the end of 2018 with growth driven across almost all segments but with contractions in the hire purchase and SME loans segment. The
contractions for the month of July and August from the decreased in agricultural prices 2) Labour market - with employment rate and wage remain weak with the manufacturing sector not benefiting from the recovery
contractions for the month of July and August from the decreased in agricultural prices 2) Labour market - with employment rate and wage remain weak with the manufacturing sector not benefiting from the recovery
categories especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and
especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and tightening of
measures implemented to curb the outbreak. Durable goods segment also declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer