Prime Minister Srettha Thavisin had an informal meeting with the CEOs of four of Thailand’s top banks at Government House this morning, reportedly to ask them to consider cutting their lending rates for “fragile” groups, such as small entrepreneurs.
The meeting, before the start of the cabinet meeting, lasted about 30 minutes.
The prime minister told the media that he had invited Chartsiri Sophonpanich (Bangkok Bank), Payong Srivanich (Krung Thai Bank), Kattiya Indaravijaya (Kasikornbank) and Arthid Nanthawithaya (Siam Commercial Bank) to discuss, informally, the general economic situation and the high policy interest rate in particular.
Since he has known these four bankers for almost two decades, the prime minister said that he asked them whether it would be possible for them to reduce their lending rates to help those who are suffering under high interest rates.
The meeting…
