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Report: Thailand’s Emerging Virtual Banks Face Steep Challenges Against Established Players
30 Jun 2025 17:58 GMT
… applicants to establish virtual banks, following rigorous evaluations … Group, a consortium of Krung Thai Bank, PTT Oil, and Advanced … Group), a consortium including Krung Thai Bank and PTT Oil, and … rise of virtual banks?
Incumbent banks are enhancing their …
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Thailand Grants Virtual Bank Licenses to Krung Thai, AIS, SCB X, and KakaoBank Consortiums
20 Jun 2025 02:48 GMT
… applicants to establish virtual banks in Thailand, following the … Limited; a consortium comprising Krung Thai Bank Public Company Limited, Advanced … healthy competition in the banking sector in terms … a virtual bank license.
All approved virtual banks are …
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Thailand Unveils Three Winning Bids for Exciting New Virtual Banks!
23 Jun 2025 10:11 GMT
… ; a consortium made up of Krung Thai Bank, Advanced Info Service, and PTT … Change
The consortium formed by Krung Thai Bank—a state-owned institution—teams … Company Limited, a consortium including Krung Thai Bank, Advanced Info Service, and PTT …
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Bank of Thailand forecast to keep rates steady on June 25, cut in Q3
23 Jun 2025 00:42 GMT
BENGALURU :The Bank of Thailand will pause its … , senior ASEAN economist at OCBC bank.
"BOT can afford to … also weigh on the central bank';s policy decision-making … Panichpibool, a markets strategist at Krung Thai Bank.
"If the situation gets …
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Kakao Bank gains approval for virtual banking in Thailand
20 Jun 2025 13:09 GMT
… for the upcoming virtual banking system, reported The Korea … recipients of its virtual banking licences, choosing three applicants … led by state-run Krung Thai Bank also receiving licences.
The … .
This venture marks Kakao Bank’s second international expansion, …
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Bank of Thailand approves virtual banking licenses for three groups
20 Jun 2025 03:37 GMT
… Finance, following recommendations from the Bank of Thailand (BOT), has granted … applicants to set up virtual banks under the February 2024 licensing … Company Limited
A consortium including Krung Thai Bank, Advanced Info Service (AIS), and …
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Top Thai billionaires-backed groups win digital bank permits
19 Jun 2025 15:37 GMT
… Sarah Jane Mahmud, a senior bank analyst at Bloomberg Intelligence. … “Singapore digital banks have yet to break even … .”
Singapore handed out digital banking permits in 2020, followed … in the bid are Krung Thai Bank and PTT Oil and …
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Thailand central bank approves kingdom's first virtual banks
19 Jun 2025 11:31 GMT
… groups led by SCB X, Krung Thai Bank and ACM Holding, the central … bank said on Thursday.
The virtual banks shall start business … , the central bank said in a statement. Virtual banks are banks that operate …
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Thailand’s virtual bank race heats up – but real disruption may take time
02 Jun 2025 08:40 GMT
… led by Thai banks – Bangkok Bank, Krung Thai and Siam Commercial Bank. Observers said that … is the consortium led by Krung Thai Bank, which has partnered Gulf Energy …
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Thai banks under fire for complicity in Myanmar arms trade: besides denial and anger, what can Thailand do?
20 Mar 2025 11:40 GMT
… made through Krung Thai Bank and Kasikorn Bank.
Bangkok Bank and TMB Tanachart Bank were also … due diligence by Kasikorn and Krung Thai, including a review of … international transfers through correspondent banking relationships and third-party intermediaries …