On July 30th 2012 at PPAO School Mr.Paiboon Upatising President of the Phuket Provincial Administration Organization (PPAO) launch the PPAO School Bank project, a joint project between PPAO, PPAO School and Government Saving Bank.
Mr.Sonthi Ratanarat, Manager of Phuket Government Saving Bank, said “Government Savings Bank or Oam-Sin Bank is a financial institution founded by King Rama 6th, who played a big role in promoting long-term savings. We have always recognized the importance our youths, who will grow into a valuable community resource in the future. Our bank always supports and promotes the discipline of saving to young people. We started the School Bank project in 1998 at Prachaniwet School in Bangkok. The School Bank projects are run by students on the advice from teachers and support from the bank. Students who attend the project will gain knowledge regarding management, planning and also an experience of working with others.”
Mr.Paiboon said “Every time I visit PPAO Schools, I see positive changes, and we’re proud to see good progress as well as the willingness of teachers, administrators and school board. I would like to say thank you for the bank executives who recognize the importance of saving and the sufficiency of His Majesty the King, and hope that our youths will start make savings from childhood. This project will make quality students, who will grow into a major force in the future, and will be an example to the younger generation “.
Mr.Viroj Tantiviriyaporn School Director said “The opening of the school bank will improve the saving habits of students and will follow the policies of the King’s sufficiency economy. We hope this school bank will support the behavior of student saving and staff in our schools. Thanks to the Bank that has provided the funding to purchase the required equipment and training for our student staff bank. Thanks also to Mr.Paiboon for becoming President of this ceremony today. As of July 28th 2012 we have 1,778 savings accounts with a total of 374,247.75 THB savings.”