【出版时间及名称】：2009年11月东南亚银行业研究报告
        【作者】：野村证券
        【文件格式】：PDF
        【页数】：90
        【目录或简介】：

Contents
Cheat Sheet 4
Tougher regulatory framework ahead 5
Key conclusions with regards regulatory expectations 5
Where do Asean banks stand? 6
Stock positioning: winners and losers 12
Background: the road to regulatory overhaul 14
Credit risk 19
Credit risk mitigation (CRM) 23
Operational risk 24
Recent modifications to market risk derivation 25
Liquidity Risk Management (LRM) 29
Singapore: potentially advantaged 31
Stock highlights 34
Malaysia: reining in some excesses 38
Stock highlights 40
Indonesia: plenty of stamina still 43
Stock highlights 48
Thailand: building capital surplus, no deficit 51
Thai banks placed very well on all three key regulatory parameters 51
Capitalization levels – little chinks in the armour 51
Liquidity: buffeted by excessive liquidity 52
Leverage: issue is of low leverage rather than high leverage 54
A step-up in dividends is in order for Thai banks, rather than a move towards
conservation of capital 54
Regulatory minimum provision coverage norms are clearly lax, but banks’ current
coverage levels are comforting 55
SCB – Tier 1 ratio to improve even after building a pick-up in dividends 57
KBANK – relatively week compared to peers, but still on a strong footing 57
BBL – highest scope for capital management 57
BAY – management focus on enhancing capital efficiency rather than capital
conservation 57
Appendix 59
Credit risk – standardised approach 59
Credit risk – IRB approach 60
Credit risk mitigation 62
Operating risk 63
Market risk 64
Valuation methodology and risk disclosure 68
Latest company views
United Overseas Bank 69
Public Bank 72
Bank Central Asia 77
Kasikornbank 80