Thailand Banking & Financial Services Q2 2019
|発行||Fitch Solutions, Inc.||商品コード||588435|
|出版日||ページ情報||英文 41 Pages
|タイの銀行・金融サービス業 Thailand Banking & Financial Services Q2 2019|
|出版日: 2019年03月19日||ページ情報: 英文 41 Pages||
The financial sector is characterised by increasing deregulation, particularly with regard to foreign ownership, driven by Thailand's membership of the ASEAN Economic Community. This has been occurring more in the insurance sector to help grow the industry, which is expected to grow steadily to 2023, with average growth expected to be 6.7% y-o-y during the forecast period. Banking sector asset growth is set to recover to around 4% during 2019. Stock market activity is underpinned by a steady stream of IPOs. Domestic asset managers are so far retaining a competitive edge through their dominance of distribution channels, but foreign competition is increasing. Overall, the banking and financial sector is growing at a moderate pace and is expected to continue this way for the foreseeable future.