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Bangkok Post
Bangkok Post
Business

KTB, AIS eyeing virtual bank

Mr Payong said the partnership reflects the planned business expansion of both KTB and AIS.

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.

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