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News Forum - Thai Finance Ministry sets eligibility for virtual bank licences


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The Thai Finance Ministry unveiled the eligibility criteria for obtaining a virtual bank licence, which includes a minimum registered capital requirement of 5 billion baht (US$139 million). The specifications were published in the Royal Gazette on March 4, as revealed by Paopoom Rojanasakul, secretary to the finance minister. Virtual banks will be mandated to establish … …

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