Deposits by Thais averaged Bt4,754 at end of Q3

BOT said total deposits by Thais accounted for Bt14.32 trillion in 10.34 million accounts.
Some 89.65 million accounts had a balance of Bt50,000 or lower – 86.68 per cent of total accounts in the banking system.
However, total deposit in the 89.65 million accounts amounted to only Bt426.19 billion, or just 2.98 per cent of total deposits. Each account of Bt50,000 or lower saw an average deposit of Bt4,754 – a very slight increase from Bt4,712 at the end of 2019.
Accounts that saw over Bt1 million in deposits numbered 1.7 million, or 1.64 per cent of total accounts.
Deposits to these accounts averaged Bt6.51 million, amounting to Bt11.12 trillion, or 77.71 per cent of total deposits, BOT said.