Thailand [electronic resource] : Financial System Stability Assessment.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 09/147Publication details: Washington, D.C. : International Monetary Fund, 2009Description: 1 online resource (101 p.)ISBN: 1451836864 :ISSN: 1934-7685Subject(s): Balance Sheet | Central Bank | Financial Institutions | Financial System | ThailandAdditional physical formats: Print Version:: Thailand : Financial System Stability AssessmentOnline resources: IMF e-Library | IMF Book Store Abstract: 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.
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.
Description based on print version record.
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