One of the wildest of wild cards in 2012 has been the question of brokerage reform in Thailand. A plan under implementation early in 2012 to deregulate broker commissions became uncertain after Finance Minister Kittiratt Na-Ranong said the plans to liberalise the sector should be reversed. As of August 2012, it appears that liberalisation has been...
Thailand’s roster of banks and financial services companies include the universal banking model, but even among larger lenders differentiation by specialty and focus is pronounced. Among that roster, the following five stand out as the largest and most closely watched:
THE COMPANY: Big C Supercenter, the second-largest hypermarket in terms of number of stores in Thailand after Tesco Lotus, was founded in 1993. The major shareholders are Géant International BV, which is part of the Casino Group – a well-known retailer based in France that has investments in retail...
THE COMPANY: Bangkok Dusit Medical Services (BGH) was established in 1972 and listed on the Stock Exchange of Thailand (SET) in 1991. BGH is now the largest private hospital operator in Thailand in terms of the number of beds, revenues from patient services and market capitalisation.
THE COMPANY: Established in 1944, Bangkok Bank (BBL) is the largest commercial bank in Thailand and the seventh-largest regional bank in South-east Asia. It had total assets of roughly $69bn as of March 2012 and is Thailand's market leader in the corporate segment with the largest retail customer base in...
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.
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