Coverage of insured Bank deposit is reduced ( D.P.A )

The Deposit Insurance Act was enacted following the 1997 financial crisis

Up to August 10, 2015 : deposits worth up to 50 million THB were protected under the Deposit Insurance Act.

From August 11, 2015 to 10 Aug, 2016 : deposits worth up to 25 million THB were protected ( this has been reduced from 50 million to 25 million THB )

Starting on August 11, 2016 : deposits worth up 1 million THB is protected !!

Source : http://www.dpa.or.th/ewt_news.php?nid=3 … index___EN

25 millions THB was maybe very high ( roughly 500,000 GBP ) when in UK 75,000 GBP is protected and in France 100,000 EUR is protected.

But 1 million THB ( roughly 20,000 GBP ) is very low, when financial requirement for retirement visa is already 800,000 THB.

What is hidden behind this such decrease from 25 million to only 1 million THB ?
How this will affect your saving, your lifestyle ?
Do you think it is more risky to have your money in Thailand than in Greece or what was the case for Ireland, Spain, etc..
Financial crisis of 1997 is maybe far, but with many condos still under construction, Russians who have left, and many old condominiums nearly half empty, we are not far to a new property crash...

Just share your opinions on this topic.