KASIKORNTHAI Regulatory Capital and Financial Performance Update
K
KASIKORNTHAI
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Financial Sector Master Plan (FSMP) Implementation Stages
FSMP I
(Y2004-2009)
■ Increase efficiency of
the financial institutions
system
- 'One Presence' policy
- Expand scope of
business:
'Universal Banking'
- New licenses for retail
banks and foreign bank
subsidiaries
■ Promote financial
inclusion
- Strengthen financial
institutions (FIs) by
promoting voluntary
mergers
■ Protect customers
Source: BOT and KResearch
FSMP II (Y2010-2014)
Looking forward to liberalization
Reducing system-wide operating costs
■ Streamlining regulations
■Tackling remaining NPLs and NPAs
Promoting competition and access to
financial services
■ Promote competition
■ Promote financial access
☐
Strengthening financial infrastructure
■ Promote development of financial
products that help support risk
management
■ Enhance information systems for
risk management
■ Push for draft/review of necessary
financial laws to support risk
management and an expedited
resolution to NPLs
■ Promote information technology
utilization
■ Develop human resources in the
financial sector
FSMP III (Y2016-2020)
competitive, inclusive, connected, and sustainable
1) Promote electronic financial and payment services, as well as enhance
efficiency of the financial system
■ Promote the adoption of digital banking & electronic payment services
in the government, business, and retail sectors
▪ Enhance operational efficiency of financial institutions and other service
providers
■ Evaluate future financial landscape to promote operational efficiency of
financial institutions and other service providers
2) Support regional trade and investment linkages
■ Facilitating and reducing obstacles for banks' international expansion,
including
■ The establishment of Qualified ASEAN Bank (QAB)
■ The development of cross-border financial infrastructures
■ The creation of suitable financial environments among neighboring
countries to foster international trade and investment in the GMS
3) Promote financial access
■ For households: encouraging development of financial products and
services appropriate for changing customer demands
▪ For SMEs: improving necessary SME database within the financial institution
system and supporting credit extension to SMEs
▪ For Corporate: promoting and facilitating suitable environment for private
sector's raising of capital
4) Develop relevant infrastructure (Enablers)
■ Developing key infrastructures in the financial system
■ Strengthening regulations and supervision in line with international standards
to ensure stability of the overall financial system
Note: There are four types of Commercial banks in Thailand; Full service banks; Foreign bank branches; Retail banks; and Subsidiaries
GMS = Greater Mekong Subregion = Cambodia, China, Lao PDR, Myanmar, Thailand, and Vietnam
บริการทุกระดับประทับใจ
K
KASIKORNTHAI
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
BOT Consultation Paper: Repositioning Thailand's Financial Sector
Digital Technology
Leveraging #on Technology#
and Data #o Drive #nnovation#
3 Opens:
- Open Competition
- Open Infrastructure
- Open Data#
Thai banks have been ready
for more open competition,
based on a level playing field
approach.
•
Sustainability
Managing #Transition #owards
Sustainability
Setting up data standard &
disclosure requirements for
financial institution's
environment-related activities
Tackling Thai households'
indebtedness via both demand
(consumers) and supply (loan
providers) sides
✓ Many initiatives, including open infrastructure and open data,
require amendments of laws and regulations, as well as cooperation
from other authorities.
✓ More precise impact assessment is pending a clearer plan and
details of the paper.
Source: BOT Consultation Paper, KResearch
•
•
.
Resiliency
Shifting #from #Stability #to Resiliency
Players will be regulated in
accordance with their risk
profiles (risk proportionality)
Burdensome regulations will
be revised for greater
flexibility
While the BOT does not wish
to see digital assets adopted
as Means of Payment, it does
not rule out those with proven
stability and economic value
Nonbank Financial Institutions
will be evaluated and
regulated according to their
size and impact on the
economy & financial system #
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