Connect with us
The clever new way to send money abroad

Banking

Financial Institutions’ Holidays for 2019 (B.E. 2562)​​ ​

Published

on

The Thai government declared earlier this week Thai Queen Suthida’s birthday a new national holiday.

According to the announcement, the new holiday falls on June 3 and is effective immediately.

The government said the birthday of the previous reigning queen Sirikit, August 12, remains a public holiday and Thailand’s Mother’s Day.

For financial institution branches in Narathiwat, Pattani, Yala, Satun, and Songkhla, extra holidays are given for Eidal – Fitr Day (Ramadan Day), Eidal – Adha Day (Raya Hajji Day) announced by the Sheikhul Islam Office, and the Chinese New Year Day if the date does not fall on any of holidays listed above or Saturday and Sunday.

1.  Tuesday1stJanuaryNew Year’s Day 
2.  Tuesday19thFebruaryMakha Bucha Day
3.  Monday8thAprilSubstitution for Chakri Memorial Day
(Saturday 6th April 2019)
4.  Monday15thAprilSongkran Festival
5. Tuesday16thAprilSubstitution for Songkran Festival
(Saturday 13th April 2019 and Sunday 14th April 2019)
6. Wednesday1st​​MayNational Labour Day
7. Monday6th​​MaySpecial Holiday
  8.  Monday20thMaySubstitution for Wisakha Bucha Day 
(Saturday 18th May 2019)
  9.  Monday3rdJuneH.M.Queen Suthida Bajrasudhabimalalakshana’s Birthday
10.  Tuesday16thJulyAsarnha Bucha Day1
11.  Monday29thJulySubstitution for H.M. King Maha Vajiralongkorn 
Phra Vajiraklaochaoyuhua’s Birthday 
(Sunday 28th July 2019)
12. Monday12thAugustH.M. Queen Sirikit The Queen Mother’s Birthday
13. Monday14thOctoberSubstitution for H.M. King Bhumibol Adulyadej The Great
Memorial Day 
(Sunday 13th October 2019)
14. Wednesday23thOctoberChulalongkorn Day​
15. Thursday5thDecemberH.M. King Bhumibol Adulyadej The Great’s Birthday /
National Day / Father’s Day
16.  Tuesday10thDecemberConstitution Day
17.  Tuesday31stDecemberNew Year’s Eve

Remarks: 
            1/ Effective from B.E. 2550 onwards, the Asarnha Bucha Day is prescribed as a holiday, in replacement of the Buddhist Lent Day.​    
             2/ Effective from B.E. 2562 onwards, the Mid-Year Closing Day (1st July) is canceled as a financial institution’s holiday, which was originally scheduled to allow financial institutions to do half-year financial statement. However, financial institutions now have a more efficient financial statement system, which can be operated without affecting the services on all channels of financial institutions. Therefore, it is not necessary to prescribe the Mid-Year Closing Day as a financial institutions’ holiday anymore.   
             3/ For employees of financial institutions to participate in ceremony and other activities during the Royal Coronation of H.M. King Maha Vajiralongkorn.

Source: https://www.bot.or.th/English/FinancialInstitutions/FIholiday/Pages/2019.aspx

Click to comment

Leave a Reply

Economics

Thailand’s economic growth expected to return to 2019 levels in mid-2023

Although the economy would recover next year, the recovery is still substantially below potential level resulting in a large output loss and could affect Thailand’s potential economic growth in the future with the economy expected to return to 2019 levels in mid-2023.

Published

on

The Siam Commercial Bank (SCB), one of Thailand’s largest commercial banks, said in its latest economic outlook report that the country’s economy may wait until the second semester of 2023 to return to 2019 growth levels.

(more…)
Continue Reading

Banking

S&P maintains Thailand’s credit rating at BBB+ with stable outlook

Standard and Poor’s (S&P) maintained Thailand’s credit rating at BBB+ . The global rating firm expects the country’s gross domestic product (GDP) to grow at 1.1% this year, with a more optimistic growth at 3.6% per year from 2022 to 2024.

Published

on

Standard and Poor’s (S&P) maintained Thailand’s credit rating at BBB+ . The global rating firm expects the country’s gross domestic product (GDP) to grow at 1.1% this year, with a more optimistic growth at 3.6% per year from 2022 to 2024.

(more…)
Continue Reading

Most Read

Recent