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“KTC” and “Krungthai Bank” prepare for AEC
by introducing credit card service for Laotian entrepreneurs in Thailand
with credit line of the same amount as the fixed deposit money.

Mrs. Pittaya Vorapanyasakul, Executive Vice President – Credit Card Business, “KTC” or Krungthai Card Public Company Limited, says, “KTC and Krungthai Bank are working to expand the customer base of KTC Credit Cards at multiple levels in anticipation of the soon to be established ASEAN Economic Community or AEC. From our analysis of Krungthai Bank customer database, it is clear that a good number of Laotians are residing and engaged in business in Thailand. That is why we are working to facilitate credit card services to Laotians in northeastern Thai and those border areas connecting with Laos. Interested customers need to open a fixed deposit account with Krungthai Bank with a minimum deposit amount of 100,000 Baht. They will be granted a KTC Credit Card with a credit line of the full amount of their deposit which can be as high as they choose. There is no limit on that. A similar service will be made available to customers of other nationalities within the AEC in the future. We expect the program to be very well received by our target group.”

For more information, please call KTC Phone at 0-2665-5000 or visit

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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