ajt
@aj9qa42ut
Thailand approved three groups to set up virtual banks. This boosts financial innovation and competition. It also helps underserved markets access services. The approved groups include Krung Thai Bank’s team, a telecom-led consortium, and SCB X’s partnership. Five applied, but three met the strict criteria. The focus was on digital models and inclusive finance. Goal: better services for unbanked and small businesses. All done through innovative digital channels.
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