Creditors and depositors at 42 financial companies to be closed by the Thai government will be protected, Thai financial authorities promised Japanese bankers Aug. 12.

The promise was made during an hourlong meeting attended by Thai Finance Minister Thanong Bidaya, Bank of Thailand Gov. Chayawat Wilbolsawaski and representatives of 21 Japanese banks with offices in Thailand.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.