Published by
The Bangkok Post
The Bangkok Post
BoT paper eyes rejig of the financial sector Banks may obtain more than 1 licence The Bank of Thailand plans to allow commercial banks to obtain more than one banking business licence, including a planned virtual bank licence, to pave the way for the country’s digital economy. The central bank on Tuesday issued a public consultation on the topic of “Repositioning Thailand’s Financial Sector for a Sustainable Digital Economy” to lay out the central bank’s underlying principles and policy directions for a new financial landscape, said governor Sethaput Suthiwartnarueput. The repositioning of the…