Comparison of Banking Sector and Financial Markets

of Germany & Philippines

GHULAM HASNAIN

ITALY
THE ECONOMY OF ITALY IS THE 3RD-LARGEST NATIONAL ECONOMY IN THE EURO ZONE, AND
THE 8TH-LARGEST BY GDP IN THE WORLD. THE COUNTRY IS A FOUNDING MEMBER OF
THE EUROPEAN UNION, AND THE G8. ITALY IS THE EIGHTH LARGEST EXPORTER IN THE
WORLD WITH $514 BILLION EXPORTED IN 2016. ITALYS ECONOMY HAS SHRUNK BY AROUND 10 PER
CENT SINCE 2007, AS THE COUNTRY SUFFERED A TRIPLE-DIP RECESSION DUE TO FINANCIAL CRISIS.
BUT NOW ITALYS ECONOMY RETURNED TO GROWTH.

THAILAND
THAILAND IS A NEWLY INDUSTRIALIZED COUNTRY. ITS ECONOMY IS HEAVILY EXPORT-DEPENDENT,
WITH EXPORTS ACCOUNTING FOR MORE THAN TWO-THIRDS OF ITS GROSS DOMESTIC
PRODUCT (GDP). THAILAND IS THE SECOND-LARGEST ECONOMY IN SOUTHEAST ASIA, AFTER
INDONESIA. HOWEVER, THAILAND'S ECONOMY HAS LOST SPEED AND BADLY SUFFERED FROM THE
POLITICAL UNREST IN THE COUNTRY SINCE 2013. AND STILL STRUGGLING TO REGAIN ITS GROWTH
MOMENTUM.

GDP
Ranking (GDP)
Population
Currency
Financial Regulatory
Authority

ITALY

THAILAND

$2.213 trillion

$409.72 billion

28

60.67 million

67.96 million

EURO

BAHT

CONSOB

SECT

BANKING SECTOR OF TALY & TAHILAND

CENTERAL BANK
TOTAL ASSETS
NUMBER OF BANKS

ITALY

THAILAND

BANCA DITALIA

BANK OF
THAILAND

$4177 BILLION

$470 BILLION

635

2,037

NUMBER OF BANKS AND CATEGORIES

ITALY
Categories
Banks
established as
SpA
Cooperative
banks

THAILAND

Number of
Banks
167

29

Mutual banks

355

Braches of
foreign banks

84

Total

635

Categories
Commercial banks
Specialized Financial
Institutions
Money Market Mutual
banks

Number of Banks
31
6
355

Saving cooperatives &

Credit Unions

1,960

Total

2,037

TOP FIVE BANKS

ITALY

THAILAND

Ran
k

Name

Assets

Ran
k

Name

UniCredit

$938
billion

Bangkok bank

$83 billion

Krungthai Bank

$81 billion

Siam commercial
bank

$ 81billion

Kasikorn Bank

$70 billion

Bank Ayudhya

$35 billion

Intesa Sanpaolo

$749
billion

Cassa Depositi e
Prestiti

$440
billion

Banco Monte dei

Paschi

$171
billion

Banco Popolare
Societa cooperative

$129
billion

Assets

%Share of Top Five Banks in Total Assets of Banking Sector

thailand

italy
UniCredit; 22%

Others; 36%

Bangkok bank; 15%

Krungthai; 15%

Others; 43%
Banco Popolare; 3%

Banco Monte; 4%
Intesa Sanpaolo; 17%

Cassa Depoiti; 10%

Siam commercial bank; 15%

Bank Ayudhya; 6%
kasikorn bank; 13%

Loan Facilities to Different Sectors

ITALY

THAILAND
businesses; 41%

Non financial companies; 48%

General
government;
Unclassified;
0% 3%
Financial companies; 21%

rest of the world;

4% institute; 0%
non profit
Households; 23%

funds; 0%
state enterprises; 0%
Governmetn; 1%
non-residents; 5%
overseas financial institutions; 0%
non-profit organizations; 0%

domestic banks; 17%

individuals; 35%

Role of Central Bank

Bank of Italy (Banca
DItalia)
Monetary Policy
Foreign exchange market &
official reserves
Operations on behalf of the
Ministry for the Economy &
Finance
Investment Portfolio
Payment system
Market supervision
Payment system oversight
Treasury function
Economics, research and
international relations
Crisis management

Bank of Thailand
Print & issue banknotes and
other security documents
Promote monetary stability
and formulate monetary
policies
Manage the BOTs assets
Provide banking facilities to
the government & act as the
registrar for the government
bonds
Provide banking facilities for
the financial institutions
Establish or support the
establishment of payment
system
Supervise & examine the

Financial Crisis
ITALAY

Thailand

Global Financial Crisis (2007-2000) Global Financial Crisis (2007-2008)

Political Unrest 2013
Euro Area Sovereign Debt Crisis

Islamic Banking
ITALY
No Sharia-compliant financial intermediary has been authorized yet

THAILAND
Islamic finance has not taken off yet in Thailand despite the countrys
only Islamic lender, state-owned Islamic bank of Thailand or iBank, is
trying its best to raise more awareness for Shariah-based banking
since the companys inception in 2003.

Financial Markets of TALY & TAHILAND

Stock Exchange
TOTAL Market
Capitalization
NUMBER OF BANKS

ITALY

THAILAND

Borsa Italiana

Stock Exchange OF
THAILAND

$484,543 million

$350,000 million

353

639

Markets & Indices

Stock Exchange of Italy
(Main Groups)

Stock Exchange of Italy

(Indices)

1. Equity (MTA)
2. International Equity (MTA
Internatinali)
3. Equity AIM Italia
4. Derivatives (Idem)
5. Warrants & Certificates
(SeDex)
6. Fixed Income (MOT)
7. Closed-End Funds (MTF)
8. ETFs (ETFplus)

I. FTSE Italia All-Share

II. FTSE MIB
III. FTSE Italia Mid Cap
IV. FTSE Italia Small Cap
V. FTSE Italia Micro Cap
VI. FTSE Italia STAR
VII. Sectorial indices

Markets & ndices

Stock Exchange of Thailand
(Main Groups)

Stock Exchange of Thailand

(Indices)

1. The Stock exchange of

Thailand (SET)
2. Market for alternative
investment (MAI)
3. Bond Electronic exchange
(BEX)
4. Thailand Futures exchange
(TFEX)

i.
ii.
iii.
iv.
v.

SET Index
SET 50 Index
SET 100 Index
MAI Index
SET High Dividend 30 Index

Top Ten Companies

ITALY
Ran
k

Company

THAILAND
Market
Value
($ billion)

Rank Company

Market Value
($ billion)

PTT PCL

29.1

Advance Info

22.5

Siam Cement

19.1

Siam bank

18.6

Kasikorn Bank

17.1

ENI

86.3

ENEL

32.2

UniCredit
Group

29

EXOR

26.4

Generali Group 26

Bangkok Bank

10.9

Intesa
Sanpaolo

23.7

PTT Global

15.2

Thai Beverage

14.6

Telecom Italia

15.2

CP All

11.2

Lusottica
Group

10.8

10

Krung Thai bank

10

Atlantia

8.1

Foreign Direct Investment

FDI (2015)

ITALY

THAILAND

$19,334 million

$10,845 million

Thank You