A total of 135 bank branches have been forced to close early in Bangkok, due to a second day of political protests.

The Bank of Thailand announced that in addition to the 36 branches closed since 13 January, an extra 99 branches would close early on 14 January and the Bank of Thailand itself would be running reduced operations until 17 January.

A spokesperson for the central bank said: "Most financial institutions can provide full service as usual.

"However, in some areas, branches of financial institutions will need to be closed."

The most severely affected bank is Thai Military Bank, forced to close over 70 branches, while Krungthai is the next most affected.

Other banks affected include Siam Commercial Bank, Bank of Ayudhya, Kasikornbank, Thanachart, CIMB Bank, UOB Bank and Tisco Bank.

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It is thought that only six banks will keep all branches open, including Standard Chartered and ICBC.

The Bank of Thailand said customers’ payments would be completed as usual.

The protests disrupting banking in Bangkok are in favour of democratic reform and against Yingluck Shinawatra’s continued occupation of the role of prime minister.

Shinawatra, of the Pheu Thai party, is suspected of being a proxy leader for her brother, the exiled former PM Thaksin Shinawatra.

 

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