Accommodate the expansion of financial institution’ business scope. The BOT has allowed commercial bank to engage in hire purchase, leasing, factoring, private repurchase transactions, new derivative products, and electronic money services. The permission is meant to encourage more competition, full – circuit services, and greater efficiency in the domestic financial market. These business expansions should yield various benefits such as economy of scale, more innovative products, and better customer satisfaction as well as improved performances of financial institutions.