MAP Thailand


The 2013 FinScope consumer survey found that 74% of the adult Thai population have a bank account, 23% use other formal financial services and a further 1% use informal financial services only. The high level of access can be attributed to the deliberate policies pursued by the government over the years. These policies have been largely government-led and financed, with the commercial sector playing a relatively minor role in providing access to credit and insurance, whilst taking the lead in the provision of savings and remittances.

The result was that state-provided, community-based and commercial financial services providers in Thailand were already more integrated in the provision of financial services to the low-income population than in comparable countries.

MAP Thailand was initiated to build on the current model, so that it can evolve to meet the need for more supervised financial services, a reduction in cost and an improvement in the quality of the services.

MAP Thailand’s 2013 synthesis report was an output of a Technical Assistance request by the Ministry of Finance from the Asian Development Bank (ADB) to develop a National Strategy for Financial Inclusion. The TA was funded by Japan Fund for Poverty Reduction with technical support from the United Nationals Capital Development Fund (UNCDF).

 

Download the synthesis report

English Size 2mb
Related Content
Equal access in ASEAN – illusion or reality?
This blog series stimulates a broader discussion on gendered financial inclusion in ASEAN. We examine why women [...]
Shifting measurement away from a one-dimensional view of financial inclusion
Depth sounding: shifting measurement away from a one-dimensional view of financial inclusion ( [...]
First impressions from a more granular approach to client typology
Decoding the customer - First impressions from a more granular understanding of c [...]
Jumping to conclusions
Have you heard of the Fosbury Flop? Probably not. But you’d know one if you saw it. It’s the technique that high jumpers use when jumping back-fir [...]
Why bank account access does not translate into usage
Underlying the global financial inclusion agenda is the assumption that providing access to and ownership of bank accounts will improve the lives of p [...]
Completing the picture in ASEAN
This blog series seeks to generate a broader discussion on the data that is needed to close the gender gap in fi [...]