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Search Result for “bankruptcy court”

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ADVANCED NEWS

Deposit insurance money to pay off 1997 crisis debt

Jon Fernquest, Published on 16/02/2012

» Deposit insurance contributions to fall from 28 billion to 700 million baht per year to pay off FIDF 1997 crisis debt. Deposit protection falling from 50 to 1 million baht by August.

ADVANCED NEWS

Govt vs. Bank of Thailand

Jon Fernquest, Published on 25/01/2012

» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.

ADVANCED NEWS

Digging out from under Thailand's 1997 Crisis debt

Jon Fernquest, Published on 12/11/2010

» Thailand has long recovered from the 1997 crisis, but the debt, held by the FIDF under the central bank, remains and puts a drag on Thailand's development.