News
More people turning assets into cash due to uncertainty over Covid-19, says DPA
The Deposit Protection Agency (DPA) said that due to the Covid-19 crisis, more and more people are turning their assets into cash and depositing this money in banks.Songpol Chevapanyaroj, president of DPA, said on Thursday that 80.82 million people had bank deposits totalling Bt14.67 trillion ...
The Nation Reporter
Bank deposits swell as investors avoid risk assets in uncertain times
Despite lower interest rates this year, bank deposits have risen sharply as investors have stayed away from investment in risk assets.Banks’ deposits as the end of May shot up by 8.76 per cent to Bt 14.63 trillion, an increase of Bt1.18 trillion from the end ...
The Nation Reporter
