Wed, July 18, 2007 : Last updated 21:49 pm
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Phase 2 financial master plan approved
The Bank of Thailand's Financial Institution Policy Board on Thursday endorsed the framework of drafting the phase 2 of the financial master plan, aiming to improve the banking sector's competency.
The draft plan is expected to be finished in the first quarter next year and it will be implemented from 2009 to 2013, said Paiboon Kittisrikangwan, the central bank's senior director.
The plan will focus on reducing the sector's regulatory cost, fostering its competitive edges, as well as improving the legal structure.
-The Nation
Anoma Srisukkasem
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