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Thailand’s deposit protection system will apply to virtual banks, agency says

Thailand’s deposit protection system will apply to virtual banks, agency says

January 19, 2023

Thailand's Deposit Protection Agency (DPA) is fully prepared to support virtual banking with advanced systems and processes that will protect all Thai depositors, it announced on Thursday.

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.

Bank deposits get Bt5m insurance for one year

TUESDAY, APRIL 07, 2020

The Cabinet has extended the period of Bt5 million insurance on bank deposits by a year, president of the Deposit Protection Agency (DPA) Songpol Chevapanyaroj said on Tuesday (April 7).

MAS proposes raising insurance coverage on bank deposits

FRIDAY, AUGUST 04, 2017

THE MONETARY Authority of Singapore yesterday asked for public feedback on proposals to enhance the deposit insurance scheme.

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