The percentage of loans outstanding of the five major SFIs to total loans during the past five
years (2001 – Q1 2006) has been growing from 17.5% to 20.3%. However, this increase is due to
one-time effects and possibly marks an all time high. The one time effects are due to the Asian
crisis which first damaged credibility of private institutions, second, the crisis caused a credit
crunch which did not apply to the SFIs and, third, the late Thaksin administration implemented a
series of new credit programs between 2002 and 2004. Consequently, there was some cooling off
in SFIs loan growth during the years 2005 and 2006. Regarding SFIs role in saving mobilization,
during the past five years, the ratio of deposit in five SFIs to total financial institution deposit
increased from 16.0% to 17.5%. However, also here the rate stayed steady during the last 3 years.