Message from the chairman
Dear Fellow Shareholders,
In 2019, the Thai economy slowed from 4.2% in 2018 to 2.4% due to the uncertainties resulting from the US-China trade war, the slow disbursement of Government budget and the effect of a strong Thai Baht on exports. Despite this, we have performed well. This was due mainly to;
- An improvement in our net margin
- Our adherence to our stringent Risk Management that enable us to manage our NPLs well
- Our successful recovery of 2 major NPLs of total amount of Baht 71.25 million