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Bank Deposit Protection Extended

Oxx
Oxx
in Jobs, Economy, Banking, Business, Investments

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A new schedule for reducing deposit protection has just been decided.

25 million baht until 10 August this year.
15 million baht until August 2018.
10 million baht until August 2019
5 million baht until August 2020
1 million thereafter.

I doubt the 1M level will ever be reached again...just too low...especially come 2020 considering inflation.

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