many of the recommendations from earlier versions as continuing essential components of an effective corporate governance framework. They also introduce some new issues and bring greater emphasis or

support. https://www.climatebonds.net/standard/water Water Infrastructure Criteria under the Climate Bonds Standard – Criteria Document Version 2 | March 2018 Table of Contents 1. Definitions

more than its target, which reflected in 2019 gross margin increase by 250 bps YoY to 34.9%. Q4’19 Gross margin was slightly improved 50 bps YoY and recorded at 35.0%, despite the impact of new sugar tax

and preparation of data required for the new criteria to ensure that our capital adequacy and liquidity position are appropriate for our operations per the business plan.  Continual monitoring of

businesses have felt compelled to seek new business opportunities. KASIKORNBANK has established our business directions on the foundation of a Bank of Sustainability, accounting for the balance of three

electronic channels, especially the K PLUS application which has recently developed new features, such as round-the-clock overseas funds transfer to meet the needs of customers seeking to transfer funds to

, especially global economic fluctuations and unresolved political issues. Businesses have also had to contend with new regulations and government projects. All of these factors affected the performance of KBank

durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our

to ensure a healthy environment for new product launch without unnecessary regulatory blockage, (2) promoting the roles of the Thai Bond Market Association (ThaiBMA) as a primary self-regulatory

understanding about our customers’ businesses, financial products and services, while also keeping abreast of the latest information, especially new business formats, in the fast-paced digital era. In the first