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Thai Virtual Banking Race Splits Strategies: SCBX Defers 'BankX' Launch to Late 2026 as CP Group Targets July Debut
Thai Virtual Banking Race Splits Strategies: SCBX Defers 'BankX' Launch to Late 2026 as CP Group Targets July Debut
FRIDAY, MAY 29, 2026
While SCBX opts for system stability over speed in its venture with KakaoBank, CP Group seeks urgent shareholder approval for a July launchCLICX Sets Sights on Thailand's 63% Unbanked with No-Document Lending Model
CLICX Sets Sights on Thailand's 63% Unbanked with No-Document Lending Model
WEDNESDAY, MAY 27, 2026
Thailand's first virtual bank bets on alternative data from AIS and OR to unlock credit for millions of underserved Thais, ahead of a June app launchSeparate or explain — BoT sets tough Virtual Bank licence rules
Separate or explain — BoT sets tough Virtual Bank licence rules
THURSDAY, APRIL 23, 2026
The Bank of Thailand says Virtual Bank applicants must separate financial businesses from non-financial affiliates to prevent conflicts of interestThai Virtual Bank Licences Awarded to SCBX, Krungthai, and CP Group
Thai Virtual Bank Licences Awarded to SCBX, Krungthai, and CP Group
THURSDAY, JUNE 19, 2025
Bank of Thailand aims to expand financial inclusion with three new digital banksFinance Minister Confirms Receipt of Virtual Bank Licence List from Central Bank
Finance Minister Confirms Receipt of Virtual Bank Licence List from Central Bank
WEDNESDAY, APRIL 16, 2025
The move marks a significant step in the nation's digital banking development; future licensing under reviewAIS vs True: Fierce battle for billion baht telecom market supremacy
AIS vs True: Fierce battle for billion baht telecom market supremacy
TUESDAY, APRIL 15, 2025
AIS and True shift strategies in a high-stakes telecom showdown, placing billion-baht bets on the industry. The spectrum auction by NBTC in May is anticipated to trigger bidding warsVirtual banks: An earthquake in Thai banking landscape?
Virtual banks: An earthquake in Thai banking landscape?
MONDAY, SEPTEMBER 16, 2024
Five consortiums are vying for three virtual bank licences this week as Thailand enters new era of digital disruption in financial servicesApplications for virtual bank licences to close on Sept 19
Applications for virtual bank licences to close on Sept 19
MONDAY, SEPTEMBER 16, 2024
Four joint ventures, each with strong potential to serve the public, are competing to win a coveted licenceThai central bank to issue 3 virtual bank licences next year: governor
Thai central bank to issue 3 virtual bank licences next year: governor
THURSDAY, JULY 20, 2023
The Bank of Thailand is on track to licence three virtual banks next year, its governor, Sethaput Suthiwartnarueput, said on Thursday.Thailand’s deposit protection system will apply to virtual banks, agency says
Thailand’s deposit protection system will apply to virtual banks, agency says
THURSDAY, JANUARY 19, 2023
Thailand's Deposit Protection Agency (DPA) is fully prepared to support virtual banking with advanced systems and processes that will protect all Thai depositors, it announced on Thursday.