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Settha invites 4 banks to discuss, asking for help in reducing interest rates Focus on vulnerable groups, avoid pressure

“Prime Minister Settha” invites 4 banks to discuss before the Cabinet meeting, asking for help in reducing interest rates. Emphasis on vulnerable groups, emphasizing that the government sees the suffering of the people. Confirmed that there was no pressure. Respect each other, pointing out that we have been people in the same industry for almost 20 years. We believe that when you look into our eyes you know what you want.

At 8:30 a.m. on April 23, 2024, before the Cabinet (Cabinet) meeting at Government House, Mr. Settha Thavisin, Prime Minister and Minister of Finance, called 4 banks to meet at the Thai Khu Fa Building, consisting of Ms. .Khattiya Inthawichai, Chief Executive Officer Kasikorn Bank, Mr. Phayong Sriwanich, President Krung Thai Bank, Mr. Chatsiri Sophonpanich, President Bangkok Bank Public Company Limited and Mr. Athit Nanthawithaya, Chairman of the Executive Committee Siam Commercial Bank The discussion took approximately 30 minutes.

Later at 9:40 a.m., Mr. Settha revealed after the discussion that This morning, 4 large banks were invited to come in, namely Kasikorn Bank. Bangkok Bank Krung Thai Bank and Siam Commercial Bank Let's talk about general economic problems, including the strength of financial institutions from their operating results. I have informed everyone that the people Especially vulnerable groups It is up to you to think for yourself what a vulnerable group is. Is it a group of SMEs or small businesses? There is a problem with high interest rates. which he asked and talked like people who have known each other Because everyone has known each other for 10-20 years since being in the industry. I came to ask all 4 people to come and consider the matter of interest. which he promised to go and talk

The Prime Minister further said: It was a discussion with all 4 people. There was nothing. Like I said, the government sees the suffering of the people in the issue of interest. So we invited him to come in the morning. Just happened to be in line at the same time, so I wanted to talk together to be equal. Because it's not a matter of business competition or competition. Whoever reduces a lot or reduces a little, it's not. I want everyone to be of the same mind. And let's try to see how much we can help each other, which everyone will probably talk about and come out with something.

When asked if after the discussion there was a time limit for when answers would have to be given, Mr. Settha replied: “No, this is a matter of respect. And they are people who have been in the same industry for almost 20 years and know each other well. I think looking into each other's eyes we know exactly what we want from each other. No matter how you can do it, that's all. I probably won't put any pressure on you. I think we must honor all four of them as well.”

The reporter asked further. Is the conversation trend likely to be quite good? Mr. Settha stated that the atmosphere is going well. Talking is good. Let's wait a little. I ask you to consider the entire system and what should be done. Focusing on vulnerable groups in need of assistance. If the time is right, he will call him to talk. Then at 10:00 a.m., the Prime Minister presided over a Cabinet meeting at Meeting Room 501, Command Building 1, Government House, today chaired by Ms. Supamas Issaraphakdi, Minister of Higher Education and Science. Research and Innovation (A.W.) notice of leave from meeting.

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