Showing 1 - 8 of 8
Foreign currency deposits post healthy uptick in 2023
Business, Somruedi Banchongduang, Published on 05/03/2024
» Foreign currency deposits (FCDs) experienced a robust surge last year, driven by enticing interest rates resulting from global interest rate hikes.
Agency records 0.5% year-on-year drop in deposits last year
Business, Somruedi Banchongduang, Published on 27/02/2024
» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.
Dip in deposits for 2023
Somruedi Banchongduang, Published on 26/02/2024
» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.
Agency preps operations for new deposit variety
Business, Somruedi Banchongduang, Published on 20/01/2023
» The Deposit Protection Agency (DPA) plans to safeguard customers' accounts at the proposed virtual banks, with the agency preparing its internal operations in line with this new offering.
Agency predicts higher focus on savings
Business, Somruedi Banchongduang, Published on 23/03/2022
» The Deposit Protection Agency (DPA) expects Thai depositors to pay more attention to saving money over the next two years in preparation for economic uncertainty.
Savings rates soar amid pandemic
Business, Somruedi Banchongduang, Published on 10/08/2021
» Savings rates by locals at Thai and foreign commercial banks have more than doubled over the course of the pandemic, new data has revealed, with large depositors contributing the overwhelming majority of additional money.
BoT: Thai deposits woefully meagre
Business, Somruedi Banchongduang, Published on 21/12/2019
» One-third of Thai depositors have a deposit balance below 500 baht, while the combined deposits of the largest 10% of depositors account for 93% of commercial banks' total deposits, says the Bank of Thailand's think tank.
DPA pursues BoT nod to process e-wallet refunds
Business, Somruedi Banchongduang, Published on 05/08/2019
» The Deposit Protection Agency (DPA) is seeking the Bank of Thailand's permission to get involved in the money refund process from e-wallet operators with an aim of facilitating convenience for service users.