Bangkok Bank President: Bombing does not affect investor's confidence



BANGKOK, 19 August 2015, (NNT) - Financial institute executives have voiced their positive opinions on Thailand's economic front, saying the Monday night bomb attack does not seriously affect investors' confidence.

The President and Director of Bangkok Bank Chartsiri Sophonpanich made the comment yesterday. He is certain that the government is capable of handling the situation. He said there was no need for Bangkok Bank to come up with emergency safety measures, adding that the bank would continue to offer its services as usual.

Mr. Chartsiri, however, admitted that a number of foreign customers had inquired about the situation, all of whom were given and satisfied with the explanation. He said the move was normal, given the circumstances.

Meanwhile, Ge Huayong, Chairman of China UnionPay International, said the company remained committed to investing in Thailand. He also believed the tragic incident would have only a short-term effect. All things considered, Thailand still has a rock solid economic foundation, according to him.

-- NNT 2015-08-19

He is right, investors love to put money into countries that have bombing events in tourist and financial areas.

He is quite the Warren Buffet.

Scary to think that he is Pres of one of the biggest Banks in Thailand and he can still come out and say Things that a newbie in Economics would not even say but so typical thai I guess ...

Maybe time to draw out all assets and split - Thaitanic has hit an iceberg ...

Investor optimism will not falter only in Thailand can this happen

He is right, investors love to put money into countries that have bombing events in tourist and financial areas.

He is quite the Warren Buffet.

He is actually right, a bomb is not affecting investor confidence in Thailand. It's everything else.

all these CEO types have to BS until the bitter end. it is their job.

well if thats not waving a red flag to these terrorists, maybe the banks will be next

Well, if you build fences I guess you would be confident

I am glad that I know now who runs Thailand's biggest commercial bank these days - meet Chartsiri Sophonpanich. Smiling sunny boy said there was no need for Bangkok Bank to come up with emergency safety measures, adding that the bank would continue to offer its services as usual.

I suggest he takes up the thread where his grandfather Chin Sophonpanich left it. The service on all levels simply sucks and, as he does not see the need to come to the rescue with emergency safety measures (whatever he might have meant with that) he might go back and tell his commonsense-less staff force how to do "services".

Only on planet Thailand would you hear such patently silly remarks from a person in his position................

He won't be singing the same tune if there are more incidents ...... or perhaps he will ....... investor confidence is already at a low.

Gee.... sign me up too!!!

What a goose!!

I wonder how many of the victims are at his hospital.....Bumrungrad.

BS if this bombing does not affect investor,s they must be some uneducated investors. I guess they never studied Thailand history of coups, juntas and political unrest. Bank president only giving lip service. You know he is telling a lie when his lips are moving!

"Bombing does not affect investor's confidence"

Is that why the set index fell with 2,6% yesterday?

More "save face" BS from the Bangkok Bank president?

Thailand still has a rock solid economic foundation, according to him.

And according to my farting dog, things are bad. And according to my-mother-in-law the sky will fall imminently. Not to mention what my partner says...

CEO and psychopats,one must be one to become one

how do you think they can sleep otherwise? cutting 100's or 1000's of jobs so their salary can increase