Bank Lending In Contemporary Thailand PDF Download
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| Author | : |
| Publisher | : |
| Total Pages | : 414 |
| Release | : 2010 |
| Genre | : Bank loans |
| ISBN | : |
Download Bank Lending in Contemporary Thailand Book in PDF, ePub and Kindle
The nature of the Thai banking system in the pre-crisis era has been of great interest in the aftermath of Thailand's 1997 financial crisis. Scores of studies have put great emphasis on the factors contributing to the crisis. There has been scant prior research on how Thai banks operate in practice since the crisis and the researcher was interested in better understanding this, particularly how the banks deal with information-related problems. The main objective of the research is to give an insight into the actions that Thai bankers carry out and how their activities are perceived by corporate borrowers, auditors, regulators and the bankers themselves. In dealing with informational problems, Thai banks employ screening techniques, collateral requirements, loan covenants, monitoring, and their relationships with borrowers in an attempt to mitigate the costs of both adverse selection and moral hazard problems. The study finds that there have been significant improvements in the banking system which has made Thai banks more compliant with internationally accepted lending practice. However, there is still room for further studies on how to create incentives to improve financial disclosure among small and medium enterprises (SMEs), how to establish sound corporate governance of banks, and how to minimise political interference in Thai state-owned banks.
| Author | : Chodechai Suwanaporn |
| Publisher | : Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften |
| Total Pages | : 198 |
| Release | : 2003 |
| Genre | : Bank loans |
| ISBN | : |
Download Determinants of Bank Lending in Thailand Book in PDF, ePub and Kindle
Thailand experienced some of the world's fastest economic growth rates over the past four decades until the 1997 Baht devaluation and subsequent financial crisis. The dramatic financial collapse has raised doubts about the general efficiency of the Thai financial system. Until now, empirical knowledge about the lending process or behaviour in emerging markets has been extremely thin due to the lack of appropriate and reliable data. This study, which uses micro level bank data, examines systematic analysis of risk, relationships, and other factors in Thai bank lending decisions to assess the pre-crisis health of the lending process. Specifically, it investigates factors that affect interest rates, degree of lending volume and collateral setting in the loan decision of Thai banks between 1992 and 1996. The results show that Thai banks' lending decisions follow a similar manner as in developed countries. There are sufficient systematic structures in place, not chaos as speculated by many. Thai banks partly consider borrower's risk in their lending decision, especially the degree of lending volume but do not make use of these risk indicators in the pricing of loans. Relationship factors are important in Thai bank's lending decisions. The evidence is more resounding in Thailand than in the developed countries. However, lending to more closely related firms is neither the cause of nor related to bad loan outcome.
| Author | : Xavier Gine |
| Publisher | : World Bank Publications |
| Total Pages | : 41 |
| Release | : 2005 |
| Genre | : Credit |
| ISBN | : |
Download Access to Capital in Rural Thailand Book in PDF, ePub and Kindle
"The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important aspects of rural credit markets in Thailand. First, moneylenders and other informal lenders coexist with formal lending institutions such as government or commercial banks, and more recently, micro-lending institutions. Second, potential borrowers presumably face sizable transaction costs obtaining external credit. The author develops and estimates a model based on limited enforcement and transaction costs that provides a unified view of those facts. The results show that the limited ability of banks to enforce contracts, more than transaction costs, is crucial in understanding the observed diversity of lenders. This paper--a product of the Finance Team, Development Research Group--is part of a larger effort in the group to understand access to credit"--World Bank web site.
| Author | : William Russell Easterly |
| Publisher | : World Bank Publications |
| Total Pages | : 73 |
| Release | : 1990 |
| Genre | : Banks and banking |
| ISBN | : |
Download Financial Sector Policy in Thailand Book in PDF, ePub and Kindle
How well Thailand's financial sector can provide the investible funds demanded by the country's current boom depends partly on its ability to mobilize savings - through official policy on credit allocation and through the movement of capital internationally.
| Author | : Saovanee Chantapong |
| Publisher | : Peter Lang Publishing |
| Total Pages | : 156 |
| Release | : 2006 |
| Genre | : Banks and banking |
| ISBN | : |
Download Banks, Financial Development and Regional Growth Book in PDF, ePub and Kindle
This work deals with finance and banking and the linkage between finance and economic growth in Thailand. Notwithstanding a strong reserve position and macroeconomic performance between mid-1980s and mid-1990s, the Thai economy in 1997 suffered the worst twin crisis in its history. This raises many related questions. What made the favourable performance disappear within a few years? What can we do to prevent financial crises in the future? Did the expanded participation of foreign banks in the Thai banking industry after the crisis lead to efficiency gains? And more generally, are there long-run effects of financial development on real economic growth? This work is intended to answer these questions. The main finding is that the growth rates of regional real incomes in Thailand during 1981 and 2003 are significantly negatively related to the initial level of regional real incomes as expected from unconditional convergence in growth theory. Based on the concept of conditional convergence, the results show that there is a divergence of regional real incomes in Thailand during 1994 and 2003, i.e. after controlling the differences in financial development, the richer ones grew faster. Based on the Granger causality test results, there is a bi-directional causality between finance and growth. Although this work is based on the case of Thailand, international evidence and comparisons are also included.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 46 |
| Release | : 1989-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1451930070 |
Download Distressed Financial Institutions in Thailand Book in PDF, ePub and Kindle
The Thai financial system faced a crisis in 1983. Weak managerial practices and an inadequate legal and regulatory framework were associated with a gradual deterioration in many financial institutions’ balance sheets; these weaknesses were brought to the fore by a sharp economic downturn in the first half of the 1980s. The Thai authorities took a number of measures to maintain stability in the financial system and to restructure insolvent financial institutions, including a substantial strengthening in the legal and regulatory framework. The crisis has impacted on the government budget deficit and caused shifts in the demand for financial aggregates and the supply of reserve money.
| Author | : Karel Jansen |
| Publisher | : Springer |
| Total Pages | : 317 |
| Release | : 2016-07-27 |
| Genre | : Business & Economics |
| ISBN | : 1349258466 |
Download External Finance in Thailand’s Development Book in PDF, ePub and Kindle
Between 1987 and 1990 Thailand experienced double-digit growth, fed by high capital inflows. This made Thailand one of the first developing countries to recover from the recession of the 1980s. Since 1990 growth and capital inflows have continued at a high level. The book makes a detailed study of the macroeconomic impact of capital inflows during recent years and during an earlier period when growth, and capital inflows, were high, in the late 1970s. It is shown that the results of the recent period are more sustainable than those of the earlier period, due to the differences in the nature of capital inflows, in external conditions, and in economic policies.
| Author | : International Monetary Fund. Monetary and Capital Markets Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 136 |
| Release | : 2019-10-07 |
| Genre | : Business & Economics |
| ISBN | : 1513516485 |
Download Thailand Book in PDF, ePub and Kindle
This Financial System Stability Assessment paper on Thailand highlights that assets of the insurance and mutual fund sectors have doubled as a share of gross domestic product over the last decade, and capital markets are largely on par with regional peers. The report discusses significant slowdown in China and advanced economies, a sharp rise in risk premia, and entrenched low inflation would adversely impact the financial system. Stress tests results suggest that the banking sector is resilient to severe shocks and that systemic and contagion risks stemming from interlinkages are limited. Financial system oversight is generally strong, but the operational independence of supervisory agencies can be strengthened further. The operational independence of supervisory agencies can be strengthened further by reducing the involvement of the Ministry of Finance in prudential issues and ensuring that each agency has full control over decisions that lie within its areas of responsibility.
| Author | : Tull Traisaorat |
| Publisher | : Springer |
| Total Pages | : 474 |
| Release | : 2000-02-23 |
| Genre | : Law |
| ISBN | : |
Download Thailand:Financial Sector Reform and the East Asian Crises Book in PDF, ePub and Kindle
This book takes as its focus the current supervisory and regulatory framework for bank supervision in Thailand and the Thai authorities' efforts to modernise and restructure the Thai banking system. It examines the obstacles to this restructuring, which include the current economic difficulties in Thailand and the East Asia region as well as more fundamental historical, cultural and socio-economic factors that underpin Thai society. The book looks at the numerous banking statutes put in place in Thailand in the past sixty years, including legislation of the 1980s in response to problems involving fraud, insider dealing and solvency concerns. It examines how historically ambiguous structures of governmental responsibility and power, and a heavy emphasis on government discretion in regulation, have so far inhibited the effectiveness of this extensive body of legislation in developing a sound modern banking system. There follows an in-depth analysis of the 1997-1998 Thai Banking Crisis and ways in which lessons can be learned to avoid similar crises in future. The author argues for a greater degree of transparency in the regulatory process to bring it into line with internationally accepted standards, for increased supervisory implementation and enforcement by Thai governmental authorities, and for the ultimate depoliticisation of the bank regulatory and supervisory processes.
| Author | : Lukas Menkhoff |
| Publisher | : |
| Total Pages | : |
| Release | : 2007 |
| Genre | : |
| ISBN | : |
Download On the Rationale of Bank Lending in Pre-crisis Thailand Book in PDF, ePub and Kindle
Abstract: Evidence from credit files is provided to examine bank lending determinants of Thai commercial banks. Their lending practice follows reasonable patterns as a standard set of variables, including indirect risk variables, explains much of the variance in interest rate spread. Reflecting institutional differences with mature markets, we find higher im-portance of relationship banking and risk control via credit availability. Information about later default reveals prudent relationship lending. However, banks could have made bet-ter use of available information about borrowers' riskiness. These findings do not sup-port a general verdict of bad banking but indicate room to improve lending decisions
