
State-owned Krungthai Bank (KTB) has partnered with leading telecom operator Advanced Info Service (AIS) on a plan to jointly invest in a virtual bank, aiming to serve both existing and new customers, says KTB president Payong Srivanich.
He said the bank and AIS signed a memorandum of understanding on the collaboration. Mr Payong expects the Bank of Thailand to announce virtual bank regulations soon.