Efficiency of Domestic and Foreign Banks in Thailand Since the Asian Financial Crisis
During the 1990’s, two simultaneous phenomena had converged, greatly changing the financial services industry in Thailand. At the national level, Thai banks had to restructure in response to the financial reforms implemented as a result of the financial crisis of 1997. At the global level, large m...
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
2008-08-01
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| Series: | The International Journal of Banking and Finance |
| Online Access: | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8371 |
| _version_ | 1828069221344477184 |
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| author | Tosporn Chotigeat |
| author_facet | Tosporn Chotigeat |
| author_sort | Tosporn Chotigeat |
| collection | DOAJ |
| description | During the 1990’s, two simultaneous phenomena had converged, greatly changing the financial services industry in Thailand. At the national level, Thai banks had to restructure in response to the financial reforms implemented as a result of the financial crisis of 1997. At the global level, large multinational banks were taking advantage of worldwide, financial deregulation and rapid technological advances by offering a full range of financial products and services in order to fiercely compete, both domestically and globally. Using quarterly financial time-series data of domestic and foreign banks in Thailand from 1997 to 2003, this paper seeks to analyze the cause of their efficiency. The findings indicate that both the efficiency ratio and loan loss provisions influenced the negative performance of domestic banks, while only loan loss provisions had negatively influenced the performance of foreign banks.
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| first_indexed | 2024-04-11T00:14:56Z |
| format | Article |
| id | doaj.art-08280a3bb20a485cad810cf9dcca45e4 |
| institution | Directory Open Access Journal |
| issn | 2811-3799 2590-423X |
| language | English |
| last_indexed | 2024-04-11T00:14:56Z |
| publishDate | 2008-08-01 |
| publisher | Universiti Utara Malaysia |
| record_format | Article |
| series | The International Journal of Banking and Finance |
| spelling | doaj.art-08280a3bb20a485cad810cf9dcca45e42023-01-09T03:08:43ZengUniversiti Utara MalaysiaThe International Journal of Banking and Finance2811-37992590-423X2008-08-0152Efficiency of Domestic and Foreign Banks in Thailand Since the Asian Financial CrisisTosporn Chotigeat0Nicholls State University, United StatesDuring the 1990’s, two simultaneous phenomena had converged, greatly changing the financial services industry in Thailand. At the national level, Thai banks had to restructure in response to the financial reforms implemented as a result of the financial crisis of 1997. At the global level, large multinational banks were taking advantage of worldwide, financial deregulation and rapid technological advances by offering a full range of financial products and services in order to fiercely compete, both domestically and globally. Using quarterly financial time-series data of domestic and foreign banks in Thailand from 1997 to 2003, this paper seeks to analyze the cause of their efficiency. The findings indicate that both the efficiency ratio and loan loss provisions influenced the negative performance of domestic banks, while only loan loss provisions had negatively influenced the performance of foreign banks. https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8371 |
| spellingShingle | Tosporn Chotigeat Efficiency of Domestic and Foreign Banks in Thailand Since the Asian Financial Crisis The International Journal of Banking and Finance |
| title | Efficiency of Domestic and Foreign Banks in Thailand Since the Asian Financial Crisis |
| title_full | Efficiency of Domestic and Foreign Banks in Thailand Since the Asian Financial Crisis |
| title_fullStr | Efficiency of Domestic and Foreign Banks in Thailand Since the Asian Financial Crisis |
| title_full_unstemmed | Efficiency of Domestic and Foreign Banks in Thailand Since the Asian Financial Crisis |
| title_short | Efficiency of Domestic and Foreign Banks in Thailand Since the Asian Financial Crisis |
| title_sort | efficiency of domestic and foreign banks in thailand since the asian financial crisis |
| url | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8371 |
| work_keys_str_mv | AT tospornchotigeat efficiencyofdomesticandforeignbanksinthailandsincetheasianfinancialcrisis |