PHUKET MEDIA WATCH– Thailand news compiled by Gazette editors for Phuket's international community

Most banks say deposits normal after Bt30 billion pulled from GSB accounts Phuket Gazette / The NationPHUKET: Major private banks have not detected a wave of deposits, even though 30 billion baht in cash was withdrawn by customers of the Government Savings Bank (GSB) yesterday.

Weidt Nuchjalearn, a first senior executive vice president of Krungthai Bank, said deposits and withdrawals at KTB were normal.

New customers at the bank yesterday came in for the latest time-deposit campaign offering an interest rate of 4 per cent on a 60-month fixed deposit, 3 per cent for a 14-month fixed deposit and 2.