Thai Bankers Association Clarifying the source of the bank's 220 billion baht operating results, pointing out that there is no pressure on the pilot state bank to reduce interest rates. Mr. Phayong Sriwanich, President of the Thai Bankers Association, said that regarding the issue that is a social trend regarding the turnover of the Thai banking business in 2023, which is as much as 220 billion, that from what was discussed among commercial banking business operators Know that the banking business It is a business that uses a lot of resources. For example, to have assets go into operations. If it is a listed company The ratio of debt to equity is approximately 2 : 1 or 3.25 : 1, while the commercial banking business or nonbank business requires assets as large as 8.5 times, therefore making the asset base large. Reflects on the question: Why is the size of the banking business's turnover so large at 200 billion? That 200 billion comes from 8 times the investment compared to other companies. Including digit al costs Regarding the PromptPay money transfer that has no fees While abroad, all fees are charged. and still have to manage cash And it can be seen that during periods of rising interest rates, there is an outflow from the commercial banking system. At the same time, the process uses resources. Even though it is a larger system, it is less efficient compared to an industrial center. You can see the numbers from the stock exchange. If you look at ROA (Return on assets or rate of return from all assets), you will see that it is only 1%, which is considered low. a lot However, the bank continues to help vulnerable debtors with problems. Even though the measures will end at the end of 2023, there will be 1.8 trillion baht in debt under care in commercial banks, accounting for 2.5 million accounts. As for the state bank piloting the reduction of interest rates, Personally, I think This is not to put pressure on other banks. Reduce the interest rate accordingly. But it is seen as another mechanism for adjusting resources in the system to meet the target point. which the government has come to take care of which the result is Banks will have less money to send to the government. But private banks must take care of oneself Currently still responsible for the Tom Yum Kung crisis in 1997, which has another 600 billion baht remaining. Therefore, we must be careful not to make ourselves a burden on the system. Therefore, balance must be taken care of. As for the mechanism that is not in the system To help vulnerable groups Helping SME entrepreneurs and we still have to use our limited resources for the K - Shape group to meet the target group as much as possible. Therefore, if you can push forward as the FTI proposes. In order to provide more clear liquidity support for vulnerable groups.-517-Thai News Agency Source: Thai News Agency