Foreign Partnerships To Boost Thai Banks

March 2011
Asia Monitor: South East Asia Monitor Volume 1;Mar2011, Vol. 22 Issue 3, p1
Country Report
The article reports on the plan of the Association of Southeast Asian Nations' (ASEAN) to establish an economic community in Thailand by 2015. Business Monitor International Ltd. (BMI) forecasts that ASEAN's plan will result in increased foreign competition and will have a significant impact on the country's banking industry. Furthermore, it notes that the establishment of strategic foreign partnerships will be a key determinant of success for Thai commercial banks in the years ahead.


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