By allowing virtual banks, Thailand seeks to boost competition and economic growth.
The ‘Consultation Paper on Virtual Bank Licensing Framework’ has been published by the central bank, and applications shall be available later in 2023, allowing virtual banks to act as financial services providers. The move focuses on boosting competition and Thailand's economic growth.
Regulations and supervision for virtual banks will be the same as those for traditional commercial banks under the licensing framework. Moreover, qualified applicants will need to meet certain requirements. The country's central bank also noted:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Rivals.com - Strong-armed Florida 2025 QB Austin Simmons a top two-sport talent
Weiterlesen »
BMW i Vision Dee: concept previews 2025 Neue KlasseCAR magazine UK reveals details of the wild and wacky 2023 BMW i Vision Dee concept car, with pictures, tech specs and more news
Weiterlesen »
Ryan Reynolds To Narrate Comedic National Geographic SeriesRyan Reynolds will narrate the upcoming National Geographic series Underdogs. 'There’s a species of Canadian badger that subsists solely on Saskatoon berry pie. That is of course in no way true but if it were, we’d document them in Underdogs.'
Weiterlesen »
Construction to start on bridge to be suspended over landslide site in Denali National ParkThe construction, expected to start in May, will mean the passage of three full tourist seasons without access to the second half of the Denali park road. The cost of the project is capped at $102 million. (From Alaska Beacon)
Weiterlesen »
Bank of America profits rise; bank warns of slowing economyBank of America says its fourth-quarter profits rose slightly from a year ago, as higher credit costs and potentially bad loans more than offset a sharp rise in interest revenue.
Weiterlesen »
2025 VW ID. California: The Buzz Is Coming To Electrify Your Camping Trips | CarscoopsThe first fully electric model with the California badge is expected to arrive in the second half of the decade, based on the VW ID. Buzz
Weiterlesen »