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Thailand: Permission for foreign banks to convert branches into subsidiaries

Description

On December 15, 2011, the Bank of Thailand published the "Policy Guideline Permitting Foreign Banks to Establish a Subsidiary in Thailand". Henceforth, foreign banks that currently operate branch offi...

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Intervention Details

Intervention Type

FDI: Financial incentive

MAST Chapter

FDI measures

Implementation date

15 Dec 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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