AIS Thailand logo

KTB to Partner with AIS on Virtual Bank Investment

BANGKOK (NNT) – Advanced Info Service (AIS) and Krungthai Bank (KTB) have teamed up to invest in a virtual bank that will serve both existing and new customers.

KTB president Payong Srivanich stated that KTB and AIS signed a memorandum of understanding to jointly invest in a virtual bank, which will offer regular banking services online without the need for physical branch offices. He said that the partnership reflects the business expansion for both parties.

Currently, financial institutions are waiting for the Bank of Thailand to issue virtual bank regulations, which are likely to be announced soon.

Full story: National News Bureau of Thailand

Reporter: TarinĀ Angskul
National News Bureau of Thailand


The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

You May Also Like

More From Author

+ There are no comments

Add yours