Leading banker considers Thai political conflicts more worrisome than global economic crisis

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BANGKOK, 15 June 2012  – A leading banker has expressed worries over the impact of the country’s political turmoil, while the global economic problem persists.

KasikornBank CEO and President Banthoon Lamsam said on Thursday that the current political conflicts in Thailand should be considered risk factore bigger than the global economic issues.

Mr. Banthoon stated that the problems of Thailand must be handled by people in the country, who should sort a more peaceful way out of the conflict, particularly the brewing resentment surrounding the debate of a controversial law.

He said that when people have continuously engaged in conflicts, no concrete solution will ever be identified, just like the case of the draft controversial laws that cannot be resolved in Parliament.