Credit Risk and Credit Access in Asia

image of Credit Risk and Credit Access in Asia

The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy concern. This conference proceedings presents reports from each country on the trends and developments in debt and credit risk since the 1997-1998 Asian financial crisis. It also includes overview papers that examine the problem in a wider context. These papers suggest that risk management practices, legal systems, liquidation and recovery, and institutional infrastructure and capacity all require additional attention.



Thailand's Post Crisis Institutional Change

Corporate Restructuring and Financial Institution Risk Management

In the aftermath of the 1997 crisis Thailand has undergone changes in insolvency law, risk management (especially with respect to changes in the Bank of Thailand monetary regime), conduct of monetary policy, internal reorganisation, and risk management of financial institutions. Commercial and central bank regulators gradually learned from the crisis and responded by changing financial practices, consolidating business and introducing a new institutional infrastructure that is already in place and will be enforced in the coming years.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error