Economic analysts foresee increasing problems in Thailand in the coming year, with bank closures, bankruptcies and hundreds of thousands more job losses.
As a result of the bank closures, the remaining funds of the Fraternity were frozen.
Prior to the war the college's future was previously in jeopardy during the Great Depression and resulting local bank closures.
High interest rates and rampant bank closures, he says, have simply frozen economic activity.
By this morning, all three South Korean television networks were reporting that the Government had partly capitulated on some bank closures.
Negative effects included bank closures and overburdened relief and health agencies.
Travelers should always have enough cash to carry them through unexpected bank closures.
The bank closures led to the suspension of paychecks for 140,000 civil servants, a move that pushed them into an alliance with the political opposition.
In 1990, the recession resulted in 111 bank closures or mergers in New England.
After a strong year in 1989, the stock market is functioning, although settling trades is impossible because of the bank closures.