^ True? Where did you get your information about those banks covering all losses?
^ True? Where did you get your information about those banks covering all losses?
From the Bangkok Post August 11th 2021
"Ratanakorn, president of Government Savings Bank (GSB), said he expects that as of today, some depositors of other banks might move a certain amount of funds to GSB as it is the only bank in Thailand that provides full protection for both deposit and interest."
Full article
Deposit protection move not seen hitting confidence
Also unlikely that they would allow any government owned banks to go bankrupt
Last edited by Happy As Larry; 18-08-2021 at 09:30 PM.
also anther one to add to the other 3 is THE BANK OF ISLAM 40% owned by GSB.bank.
^ Ah perhaps that is why I didn't see them on the DPA list of financial institutions covered under the scheme
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