Thailand has no limit on number of virtual bank licenses: deputy finance minister
THAILAND is not limiting the number of virtual bank permits that will be issued, a deputy finance minister said on Monday.
Any group that qualifies would be granted a license, minister Paopoom Rojanasakul said, urging the central bank to make its assessment ahead of the six-month time-frame. There were five applicants for the licenses last week, with approvals to be announced in the middle of next year. REUTERS
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
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