News

Thai banks closed on weekend

News

Thai banks closed on weekend

Fourteen Thai banks have closed their branches on Saturday and Sunday to help prevent the spread of coronavirus ahead of the registration for aid for self-employed people.

Commercial banks that made the announcements as of Saturday morning are Bangkok Bank, Kasikornbank, Siam Commercial Bank, Bank of Ayudhya, TMB Bank, Thanachart Bank, UOB, Kiatnakin, LH Bank and CIMB Thai. The state-owned GH Bank also closed on Saturday.

Three other state banks made the same announcements earlier. They were the Government Savings Bank (GSB), Krungthai Bank and the Bank for Agriculture and Agricultural Cooperatives.

Clients are encouraged to use electronic transactions and mobile apps during the closures.

The banks decided to close their branches after long queues formed at some state banks on Friday. Large crowds were reported at GSB branches after news that the government would transfer money to help self-employed people affected by temporary business closure orders by authorities in the capital and several provinces.

Source: Bangkok Post

Share us what you think of this