Many Thai banks have closed their branches in Laos!

author：Taihuatong 2023-08-23 21:58:00

According to Thai media news, on August 23, according to the news of the Facebook account "Laos Watch Thailand/ลาวมองไทย", a number of Thai banks recently applied to Laos' deposit protection institutions to close their branches in Vientiane, Savannakhet, and Pakse, Laos. The details are as follows:

1. Vientiane Branch of Thai Military Bank

2. Ayutthaya Bank Savannajib Branch, Thailand

3. CIMB Bank of Thailand Vientiane Branch

4. Pangu Bank Pakse Branch, Thailand

At the same time, accounts in the above banks that have not had a current transaction for more than 6 years will be automatically transferred to the Bank of the Lao People's Democratic Republic.

Thailand Laos

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Many Thai banks have closed their branches in Laos!

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