Thailand's government-controlled Bank for Agriculture and Agricultural Cooperatives has long been used as a tool for the country's government to grow and support the agriculture sector, and its success has seen the model replicated in Myanmar.
Asia-Pacific
Latest articles from Thailand
Bank of Tokyo-Mitsubishi UFJ makes Thai powerplay
October 1, 2014Bank of Tokyo-Mitsubishi UFJ's purchase of Thailand-based Bank of Ayudhya last year was indicative of the wealth of opportunities opening up in the south-east Asian economy.
The Greater Mekong Delta: cohesion in diversity
April 1, 2014The Greater Mekong Delta sub-region of Cambodia, Laos, Myanmar, Thailand and Vietnam has been posting stellar growth figures in recent years, and looks set to continue this trend. However, each country within the region has its own social, political and economic hurdles to overcome. Stefania Palma reports.
Top 100 Asean banks ranking, 2014: Small countries, big growth
April 1, 2014The relatively small economies of Vietnam and Cambodia are punching above their weight in terms of growth in The Banker’s latest Association of South-east Asian Nations ranking. Meanwhile, Singapore’s banks retain their dominance in the ranking in terms of Tier 1 capital.
The struggle to find the right Islamic banking model
November 7, 2012The steady growth of sharia-compliant assets suggests banks believe in the future of the sector, but the dismantling of the largest cross-border Islamic window raises questions about whether global banking groups can make a success of the business.
Asean over 20 years: Indonesia's triumph over adversity
November 1, 2012Indonesia's banks suffered heavy setbacks during the 1998 Asian financial crisis, but in the 20 years since, the country's recovery has seen its banking sector outperform the rest of the Association of South-east Asian Nations region.
The domestic route to Thailand's transformation
September 3, 2012Thailand can no longer rely upon its exports or low labour costs to give it an edge in international markets. Instead, it must rebalance its economy to be more demand driven, and to have a greater domestic focus, something the Bank of Thailand is keen to help the country achieve.
After the floods: Thailand plays catch-up
July 2, 2012Devastating floods and political instability saw Thailand's economy grind to a halt in late 2011. However, the country's banks have emerged relatively unscathed, and with its economy now growing at a good pace, the country is looking forward to experiencing good times similar to those that its south-east Asian neighbours have enjoyed.
Asia weighs euro impact as global economy rebalances
June 1, 2012Delegates at the annual Asian Development Bank meeting in Manila had their attention firmly focused upon another continent – Europe – and what the economic problems in the region may pose for its trade and financial activity in Asia.
Q&A: Prasarn Trairatvorakul on raising rates and a rising baht
January 31, 2011The governor of Thailand's central bank has had an eventful first few months in the role, including raising the Bank of Thailand's benchmark rates by 25 basis points and having to closely monitor the baht.