Thai banks unaffected by two recent US bank failures

Thailand’s commercial banks and other financial institutions have not been affected by the recent failures the US’s Silicon Valley Bank and New York-based Signature Bank in the past week, Deputy Government Spokesperson Traisuree Traisoranakul said today (Monday). She disclosed that Prime Minister Prayut Chan-o-cha has, however, ordered the government’s economic team to monitor the situation … Continue reading Thai banks unaffected by two recent US bank failures