BANKING
Local bank executives will meet with bank regulators today to discuss fee charges on transactions and services.
Finance Minister Korn Chatikavanij, writing in his personal Facebook page, said fee-based income accounted for over 23% of the total income of banks as of the first quarter, compared with just over 17% in 2004.
Kasikornbank, the country's third-largest bank, expects its fee-based income to reach 45% of total income this year compared with 28% in 2009.
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