Government Savings Bank Thailand Successfully Held the 23rd "World Savings and Retail Banking Institute (WSBI) Annual Meetings 2016" Affirming to be a Digital Bank of the 21st Century

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Bangkok, July 15, 2016 /PRNewswire/ -- The 23^rd World Savings and Retail Banking Institute (WSBI) Annual Meetings 2016 has successfully held in Bangkok, Thailand from June 29-July 1, 2016. Mr. Apisak Tativorawong, Minister of Finance presided over the meeting together with Mr. Heinrich Haasis, President of WSBI, Mr. Chatchai Payuhanaveechai, President & CEO of GSB and representatives from WSBI members worldwide, The Bank of Thailand, The Office of Auditor General of Thailand, Securities and Exchange Commission of Thailand, Finance Ministry and Subordinates, Financial Institutes and Partners attended the meeting.

Government Savings Bank Thailand (GSB) hosted the 23^rd World Savings and Retail Banking Institute (WSBI) Annual Meetings 2016: Banking in the 21^st Century. The first session on June 29 was aimed to push forward retail banking to the digital era. The meeting was attended by more than 500 representatives of more than 110 financial institutions agencies from 80 countries worldwide.

In the WSBI Annual Meetings 2016: Banking in the 21^st Century, agreements were made by WSBI to use technology to expand accessibility and opportunity for people in 80 countries to be able to access financial products and services at reasonable price. However, the products and services must meet the need of those who cannot access to the finances. Meanwhile, savings and retails banks will still emphasis on technology driving model and national market. This model supports Double Bottom-Line concept that leads to financial and institutes sustainability as well as the society payback. WSBI was ready to support Asian countries in developing international financial system among the countries and aiming to increase its customers to 1,700 Million or 400 Million new accounts by 2020. The opinions exchanged about digital banking expansion were also discussed in The Resolution of the 23^rd WSBI Annual Meetings. WSBI President Committee and Board members also attended WSBI General Assembly in the morning session.

WSBI members has visited Pak Kret Ruamjai 2 Community Financial Institution which is supported by GSB on July 1, 2016, welcomed by Mr. Chonlatee Yangtrong Deputy Governor of Nonthaburi Province, together with Kho Kret Community Network's Chairman, Pak Kret Ruamjai 2 Community's Manager and members. The group also visited pottery center and saw demonstration of Thai dessert cooking and Thai music show at Kho Kret District, Nonthaburi province.
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