Thailand - Industrial Finance Corporation of Thailand Project

.. .. . ..... . RESTRICTED ;;.;. . -5 A - Report No. DB-9b This report was prepared for use within the Bank and its affliated orgarnizations. They do. not accept responsibility for its accuracy or completeness. The report may not be published nor may it be quoted as representing their views. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION APPRAISAL OF THE INDUSTRIAL FINANCE CORPORATION OF THAILAND February 12, 1964 Department of Development Bank Services  CURRENCY EQUIVALENTS U.S. $1.00 = 20.8 Baht 1 Baht = U.S. $0.048 1,000,000 Baht U.S. $48,000  APPRAISAL OF THE INDUSTRIAL FINANCE CORPORATION OF THAILAND Table of Contents Paragraphs Pages SUMMARY i - ix i - ii I. INTRODUCTION 1 - 3 1 II. IFCT'S BACKGROUND AND REORGANIZATION PLANS 4 - 17 1 - 4 A. Background 4 - 14 1 - 3 B. Reorganization Plans 15 - 17 3 - 4 III. PRFSENT SITUATION AND PROSPECTS 18 - 50 4 - 11 A. Financial Resources 18 - 29 4 - 7 B. Organization and Staff 30 - 38 7 - 9 C. Operating Policies 39 - 41 9 D. Operations and Financial Results 42 - 8 10 - 11 E. Prospects 49 - 5