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.
