Ronadol Numnonda,assistant governor of the bank of Thailand's supervision group,said the central bank's regulatory policies for supervising SFIs are expected to take effect early next year,and some requirements for SFIs such as classification of nonperforming loans may be less stringent than for commercial bank. An informed source at the finance ministry said the amendment will allow the bank of Thailand to apply punishment to SFIs or help resolve their financial position as stated in the Act. However,the central bank could not adopt the same practices in resolving financial positions for SFIs as it can for commercial banks.
Under the new law SFIs must comply with the central bank's capital adequacy radio of 8.5% of risk-weighted assets,the same as commercial banks,the source said