Drawbacks of Thailand's plan to heal its banks

Article Abstract:

Experts believe that Thailand's $7.23 billion rehabilitation program for commercial banks would be instrumental in restoring the vigor of the financial sector. The plan is not only likely to regain consumer confidence, but also provide adequate financial leverage to commercial banks in addressing bad loans. However, the government must abandon its plan to restore capital ratios at all costs since the approach guarantee minimal recovery on the part of taxpayers and banking institutions.

Commercial Banks, Commercial Banking, Public Finance Activities, Economic Programs, Administration of Economic Programs, Fiscal Policy, Evaluation, Thailand, Economic policy, Economic assistance, Foreign economic assistance

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Shareholders should be the ones to pay for bank errors

Article Abstract:

Bank shareholders are the ones who set the rules for the management of the bank and the selection of managers so they should be the ones to pay for their managers' mistakes. Shareholders should be more flexible while giving attention to asset quality and realistic pricing of bank assets as failure to do so led to the financial crisis currently being experienced by Japanese banks. Regulators should also enforce stricter guidelines so bank activities are checked.

Stockholders, Debt, Powers and duties

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Bumiputra banks eyes rescue

Article Abstract:

Bank Bumiputra Bhd may likely need the Malaysian government's help in the face of the bank's enormous problems. The state-owned bank is seen to register losses of over one bil ringgit for the year ended in March 1998, compelling the government to invest the same amount in new capital to keep the bank solvent. According to Finance Ministry officials, the government is also studying whether to embark on a top-level management reorganization at the bank.

Malaysia, Bank Bumiputra Malaysia Bhd.

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