Alongside commercial banks Thailand has licensed a range of state-owned financial companies with mandates that go beyond banking profits, incorporating social benefits and national development goals. Tensions between this group of eight specialist lenders and commercial banks increased in 2011.
One of the longest-running issues cited by capital markets watchers in Thailand is the issue of the country’s two derivatives exchanges, the Thailand Futures Exchange (TFEX) and the Agricultural Futures Exchange of Thailand (AFET).
Capital markets in Thailand offer investors a growing range of options with an increasing share of the country’s 65m citizens, adding to a more liquid retail investor base. Tax incentives to encourage initial public offerings (IPOs) have led to an equities market of many choices, and in recent years the fixed-income options have increased as well....
In many ways Thailand’s banking sector looks much like those of its neighbours: tightly regulated, well capitalised and highly risk-averse. Just as in other countries in the region, including Malaysia and Indonesia, the 1997-98 Asian financial crisis had a formative effect on bankers. Risk management has improved since the crisis, and central...
THE COMPANY: Advanced Info Service (ADVANC) was established in 1989 and is the largest mobile operator in Thailand, with a 46% subscriber market share and more than 97% nationwide coverage. ADVANC has been a publicly listed company on the Stock Exchange of Thailand (SET) since 1991. As of March 2012 the...
What impact, direct and indirect, did the floods in late 2011 have on the Thai banking system?
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