Thailand : Financial System Stability Assessment.

This paper discusses key findings of the Financial System Stability Assessment (FSSA) on Thailand. The assessment reveals that the soundness of Thailand's financial system has been strengthened since the financial crisis of the late 1990s. Substantial progress has been made in upgrading the reg...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Staff Country Reports; Country Report ; No. 2009/147
Online Access:Full text available on IMF
Description
Summary:This paper discusses key findings of the Financial System Stability Assessment (FSSA) on Thailand. The assessment reveals that the soundness of Thailand's financial system has been strengthened since the financial crisis of the late 1990s. Substantial progress has been made in upgrading the regulatory and supervisory system and improving macroeconomic management. Banking fundamentals have strengthened, with most Thai banks reporting high levels of capital and solid profitability. Private corporations, which are the banks' primary borrowers, have also strengthened their balance sheets and reduced leverage.
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Physical Description:1 online resource (101 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students