Ms. Kattiya Indaravichai, Managing Director of Kasikornbank, revealed that the impact of COVID-19 has caused volatility in global financial markets. In response, the Bank of Thailand has implemented policies to enhance liquidity for open-ended bond funds, aimed at increasing liquidity for the Mutual Fund Liquidity Facility (MFLF).

The bank has consistently focused on closely monitoring and controlling the risks associated with its asset management company. This has resulted in careful management of funds under Kasikorn Asset Management, with investments diversified across various types of deposits and bonds, including government bonds and high-quality corporate bonds, most of which have a credit rating of at least A. For foreign investments, nearly all are placed in deposits with large banks that have strong credit ratings.

Additionally, the funds managed by Kasikorn Asset Management meet the criteria to receive support from the Bank of Thailand's liquidity enhancement measures. The bank is prepared to support these measures by providing additional avenues for the funds to borrow money or use their invested securities for transactions with a buyback agreement in the name of the mutual fund, thereby enhancing the liquidity management capabilities of the funds and increasing investor confidence.