Showing 1 - 4 of 4
Local deposits forecast to expand by 1-3%
Business, Wichit Chantanusornsiri, Published on 27/03/2025
» The deposits of Thais are expected to grow by 1-3% in 2025 year-on-year, in line with the slow growth of the Thai economy amid uncertainties both domestically and internationally, according to the Deposit Protection Agency (DPA).
Thai deposits fall for first time in a decade
Business, Wichit Chantanusornsiri, Published on 03/11/2023
» The value of deposits under the Deposit Protection Agency (DPA) fell by 1.32% year-on-year, the first decline in a decade, attributed to a fragile economy and war in the Middle East, says DPA president Songpol Chevapanyaroj.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
Deposit protection move not seen hitting confidence
Business, Wichit Chantanusornsiri, Published on 11/08/2021
» The lowering of deposit protection to a maximum of 1 million baht this month is unlikely to impact the confidence of the depositors on the financial institutions, said Krisada Chinavicharana, the Finance Ministry's permanent secretary.