“PM Settha” invites 4 banks to discuss before cabinet meeting, asking for help to reduce interest rates. Emphasis on vulnerable groups, emphasizing that the government sees people’s suffering. Confirming that there is no pressure. Respecting each other, emphasizing that we have been people in the same industry for almost 20 years. We believe that when you look us in the eyes you know what you want.
At 8.30am on 23 April 2024, prior to 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 Mr. 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 lasted approximately 30 minutes.
Later at 9.40 am, Mr. Settha revealed this after the discussion This morning 4 big banks were invited namely Kasikorn Bank. Bank of Bangkok Krung Thai Bank and Siam Commercial Bank Let’s talk about general economic issues, including the strength of financial institutions from their operating results. I informed everyone that the people Particularly 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. who asked and spoke like people who know each other Because everyone has known each other for 10-20 years since they have been in the industry. I have come to ask all 4 people to come and consider the matter of interest. who promised to go and talk
The Prime Minister further said: It was a discussion with all 4 people. There was nothing. As I said, the government sees the suffering of the people in the matter of interest. So we invited him to come in the morning. It was just that we were in line together, so I wanted to talk together to be equal. Because it is not a question of commercial competition or competition. Whoever reduces a lot or reduces a little, I don’t want everyone to be of the same opinion. And let’s try to see how much we can help each other, which probably everyone will talk about and something will come out of it.
Asked whether there was a time limit after the discussion by which responses would have to be provided, Mr Settha replied: “No, this is a question of respect. And they are people who have been working in the same sector 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. It doesn’t matter how you can do it, that’s all. I probably won’t put any pressure on you. I think we need to honor all four as well.”
The reporter asked further. Is the flow of the conversation likely to be good enough? Mr Settha said the atmosphere was going well. Let’s wait a bit. I ask you to consider the entire system and what should be done. Focus on vulnerable groups in need of assistance. If the time comes, she will call him to talk. Then, at 10:00, the Prime Minister chaired a Cabinet meeting at Meeting Room 501, Command Building 1, Government House, today chaired by Mrs Supamas Issaraphakdi, Minister of Justice. Notice of absence from the Higher Education and Science (AW) meeting.
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