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News Forum - New Thai bank licences grapple with early profitability challenges


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The winners of the Bank of Thailand’s virtual bank licences are expected to face significant challenges in achieving profitability in the initial years, as the industry typically experiences high cash burn during the first five years, according to KGI Securities. Siam Commercial Bank (SCB) is projected to benefit the least from a virtual bank licence … …

The story New Thai bank licences grapple with early profitability challenges as seen on Thaiger News.

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