CHAPTER 1 INTRODUCTION
What is this report about?
Who is the target reader?
How to use this report
CHAPTER 2 THAILAND
Introduction and macroeconomic background
Population and GDP
Thailands population is diverse
The Thai economy has seen boom and bust in recent years
Inflation and interest rates
FDI
Retail savings & investments
Affluent individuals
Offshore tendency
Thailands investors contribute to flows into Singapore and Hong Kong
Affluent individuals and their assets
Mass affluent
High net worth
Regulatory environment
Financial services
The Financial Sector Master Plan
Capital markets
The Capital Market Master Plan
Banking structure
Local players
Foreign entrants
Onshore services
There is a distinct lack of specialist domestic banking services
Opportunities in the mass affluent space
There is more competition in private client services
Offshore services
Attracting money out of Thailand
Bharat Overseas Bank offers the only NRI service in Thailand
Future outlook
Customer outlook
Mass affluent segment
High net worth segment
Wealth market outlook
Regulatory overhaul is a boon
Opportunities to be taken at the mass affluent level
Local players should make a move on HNWs
Bancassurance is key and developing
Data
CHAPTER 3 APPENDIX
Definitions
AAGR
CAGR
Gini index
Liquid assets
Liquid asset bands
Research methodology
The Global Wealth Model
The UK sub model
Asia-Pacific sub model
Forecasting methodology
Datamonitors wealth numbers compared with others numbers
Bespoke Wealth Market Sizing
Further reading
Datamonitor Asia-Pacific Wealth Reports
Datamonitor Asia-Pacific Insight Reports
Datamonitor Global Wealth Service: Competitor Tracking
Datamonitor Financial Services Consulting
Asia-Pacific contacts
List of Tables
- Table 1: Datamonitors wealth market coverage
- Table 2: The local players have a large share of the Malaysian banking market, 2004
- Table 3: Specialist offerings available in Thailand
- Table 4: GDP and S&I growth over the 1998-2003 period
- Table 5: Bank rate, adult population and inflation, 1998-2003
- Table 6: Thai retail liquid assets, 1998-2003
- Table 7: Components of GDP, 2003
- Table 8: Number of Thai mass affluent individuals, 1998-2003
- Table 9: Liquid assets of Thai mass affluent individuals, 1998-2003
- Table 10: Number of Thai high net worth individuals, 1998-2003
- Table 11: Liquid assets of Thai mass affluent individuals, 1998-2003
- Table 12: Forecasted retail liquid assets, 2003-2008
- Table 13: Forecasted number of Thai mass affluent individuals, 2003-2008
- Table 14: Forecasted liquid assets of Thai mass affluent individuals, 2003-2008
- Table 15: Forecasted number of Thai high net worth individuals, 2003-2008
- Table 16: Forecasted liquid assets of Thai high net worth individuals, 2003-2008
- Table 17: Wealth markets that have been modeled using the Global Wealth Model
List of Figures
- Figure 1: Methodology diagram and report structure
- Figure 2: Major components of Thai GDP, %, 2003
- Figure 3: Thailands interest rates have fallen in recent years in keeping with the global trend
- Figure 4: Retail savings and investment assets in Thailand have grown faster than the economy
over the last five years
- Figure 5: Deposits were the slowest growing investment vehicle for Thai investors between 1998
and 2003
- Figure 6: The liquid wealth of mass affluent individuals in Thailand grew at a rate of 6.8% CAGR
over the 1998-2003 period
- Figure 7: The number of Thai HNW individuals grew by 7.2% AAGR over the 1998-2003 period
- Figure 8: HNW individuals will own almost half of total retail liquid wealth in 2008
- Figure 9: The mass affluent population will grow at a rate of 9.8% over the 2003-2008 period
- Figure 10: There will be 39,000 more high net worth individuals in Thailand in 2008 than in 2003
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