The Minister of Finance closely monitors the US bank problem. Specify impact limit does not affect Thailand The Thai Chamber of Commerce fears negative exports in the first half of the year Team Thailand deflects towards the export market to China.
Mr. Arkhom Termpittayapaisith The Finance Minister revealed that the closure of the business of SVB and Signature Bank. The US government has announced deposit protection. To reduce the problem of panic, the BOT informed that Thai private sector did not conduct financial transactions with the two banks. in the part of the signature bank Emphasis on digital lending, while SVB Bank lends to startup entrepreneurs. Both banks are medium sized. It is a regional branch bank. Therefore, it does not have a wide impact on Thailand.
Although there are 2-3 other banks whose credit rating has been downgraded. causing the stock market to panic, fell sharply yesterday The stock market therefore fluctuates in every market around the world. But now the Thai stock market index has started to move back up a bit. in the Thai bond market Seeing that there is no problem, it can still be taken care of, and the crisis in the United States is limited. It doesn't have much impact on the economy. All regulators are also closely monitoring.
Mr. Sanan Angubolkul, Chairman of the Board of Directors of the Thai Chamber of Commerce and Board of Trade of Thailand, said that the US economic crisis this time may directly affect Thai exports. Then in the second half of the year after a draw or minus 1 percent, so the private sector hastened to set up a war room to increase channels to find new markets Especially in the Chinese market soon, the Thailand team is preparing to raise an army to invade the Chinese market. to expand exports spread to all major counties.
Source: Thai News Agency