A financial institution plays an important role as an intermediary for capital mobilization and allocation of economic resources and as a provider of payment and settlement services. A well developed, efficient and stable financial institution system is thus the key to support sustainable economic development.
There are 2 types of financial institution in Thailand, including:
(1) Depositary Corporations, for example,
commercial banks,Special Financial Institutions (SFIs),
Saving Corporative and credit unions,and money market mutual funds; and
(2) Non-depository corporations, for example,
mutual funds,insurance companies,
provident funds ,asset management companies, and