Piti Tantakasem, CEO of TMBThanachart Bank (ttb), called for structural economic reforms to help Thailand weather ongoing political instability. He emphasized that political changes often disrupt economic policies, weakening the country’s foundation.
To address this, private sector leaders and think tanks launched “Reinvent Thailand,” a long-term economic blueprint aimed at strengthening the economy independently of political cycles.
Although banks face challenges from economic slowdowns and rising vulnerabilities, they continue operations by controlling costs, including workforce reductions and branch closures. Ttb maintains its voluntary early retirement program for staff aged 50 and above, reflecting ongoing efforts to optimize operations amid industry pressures.