SFI fund process must be more transparent

¬† Itsakul Unahakate Specialised Financial Institutions (SFIs) were specifically founded by the state to enable the government’s policy to develop and promote the economy and support numerous investments, under the supervision of the Ministry of Finance. During the past three to four years, many SFIs have shown satisfying results. The Government Savings Bank, the Bank […]

Do state Specialised Financial Institutions really work?

Deunden¬†Nikomborirak Since the 1997 Asian financial crisis, the Thai state-owned specialised financial institutions (SFIs) have gone through a remarkable expansion. Their share of outstanding loans (consumer and business borrowing) jumped from a mere 13% in 1998, to a whopping 33% in the second quarter of 2013. In 2012, half of the total value of loans […]