Lede: The competition for Thailand's virtual banking licences has intensified, with five major business groups confirming their interest ahead of the submission deadline. The Bank of Thailand and the Ministry of Finance will issue an unspecified number of licences, with the winners set to...
In response to the Thai Bankers Association's recent announcement regarding a reduction in the minimum retail rate (MRR) for creditworthy clients, six state banks have unveiled their plans to follow suit by lowering lending rates for small borrowers. This decision, effective from May 1st,...