offensive
@offensive
Thailand approved three groups to set up virtual banks. This boosts financial innovation, expands access to underserved markets, and increases competition. The approved consortia include Krung Thai Bank’s ACM Holding, a telecom and energy group, and SCB X with tech partners. Five applied, but three were chosen based on qualifications, digital models, and ability to serve unbanked customers. The goal is to improve access for retail and SMEs through digital channels.
0 reply
0 recast
0 reaction