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May 9--The Thai banking industry's risk has improved to moderately high from high over the past year, going by international standards, and the improving trend is expected to continue, according to Standard & Poor's Ratings Services.
"Apart from better economic conditions, the key factors driving the improvement include: structural improvements made by Thai banks in their capital levels, asset quality measures, and funding," said Standard & Poor's credit analyst Nancy Koh, in a report titled "Bank Industry Risk Analysis: Thailand".
Although the evolving regulatory environment is still less developed than those of some of its regional peers, Thailand has ...
Source: HighBeam Research, Local sector risk scaled back one notch to 'moderately high'.