beginning of the second quarter of 2019. Moreover, commercial banks will have to focus on cost and asset quality management for enhanced efficiency while also bracing for heightened competition, especially

supervise and ensure fair treatment for retail and SME customers will pose a heightened challenge to banking performance. To cope with these issues, commercial banks may have to fine-tune their strategies

. Still, funds continued to flow into Thailand as investors sought shelter in safe-haven assets amid heightened global risks. Moreover, they saw brighter prospects in Thai bonds following the policy rate

heightened competition from other financial institutions and non-bank players, KBank has focused on strengthening customer engagement through digital channels so as to reinforce our digital banking leadership

issuance to lock in their funding cost before any rate increase. Meanwhile, long-term bond yields moved within a narrow range amid heightened risks in emerging markets and escalating trade tension between

to maintain a suitable level of foreign currency liquid assets, consistent with growth in foreign-currency deposits, and to guard against any heightened liquidity risk stemming from volatility in the

guard against any heightened liquidity risk stemming from volatility in the global economy. Closely monitored factors that could affect our liquidity and interest rate risks include:  Global and Thai