BoT: Banks will open on April 12

The Bank of Thailand will issue a notice stipulating that April 12, 2013 is a normal working day for banks even though the cabinet had set the day as a public holiday for Songkran festival.

  • Published: 6/02/2013 at 11:44 AM
  • Newspaper section: breakingnews

BoT governor Prasarn Trairatvorakul said on Wednesday that if April 12 was set as a holiday for financial institutions, its money delivery system could be affected.

Five consecutive holidays are too long for financial institutions, particularly for commercial banks, he added.

The cabinet on Tuesday resolved that April 12-16 would be the official public service holiday for this year's Songkran celebrations.

Deputy government spokesman Chalitrat Chantharubeksa said that Friday, April 12, was made an additional holiday because Songkran Day falls on a Saturday, April 13.

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