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Thursday, May 16, 2024

Bangkok Post – Dip in deposits for 2023

Customers use automatic teller machines and cash deposit machines at a department store in 2021. (Photo: Nutthawat Wichieanbut)

The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.

In 2023, deposits amounted to 16 trillion baht, down by 80.4 billion baht or 0.5% compared with the previous year.

Mr Songpol said the factors for this shift came from two segments —deposit amounts not exceeding 1 million baht, and deposits…

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