Thai and Korean banking associations promote international payment systems
The Thai Bankers’ Association (TBA) and the Korea Federation of Banks (KFB) have signed a memorandum of cooperation for the exchange of information, sharing of knowledge and best practices as well as enhancement of the relationship between the banking industries of the two countries.
The collaboration will promote the connectivity of payment systems in line with the rapidly evolving digital economy, which poses both challenges and opportunities for the banking businesses of the two countries. The cooperation is vital to the joint effort to embrace the digital economy and digital banking system.
Photo shows Predee Daochai, right, chairman of the TBA and Tae-Young Kim, left, chairman and CEO of KFB.
