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CP All Shareholders Reject Proposal to Transfer Subsidiaries to CP Group Virtual Bank
FRIDAY, MAY 29, 2026
Independent retail and institutional backers vote overwhelmingly against shifting Counter Service, Thai Smart Card, and CP Axtra into new venture
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 launch
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 launch
Thailand’s First! “CLICX” Granted License as the Country’s First Virtual Bank
FRIDAY, MAY 15, 2026
Ready to reshape Thai financial history by combining the strengths of KTB, AIS and OR to deliver financial services that are accessible, secure and designed for every Thai lifestyle
Virtual bank race tightens — BOT warns licence at risk
TUESDAY, MAY 05, 2026
Thailand’s central bank says virtual bank applicants must meet strict criteria or risk losing licences as approval process enters a key phase
Ascend Bank to launch by end-June as CP eyes full virtual bank rollout
FRIDAY, APRIL 24, 2026
Suphachai Chearavanont says Ascend Bank will be unveiled by end-June under BOT rules, while CPALL denies plans to fold Counter Service, Thai Smart Card and CPAXTRA into the virtual bank.
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 interest
Suphachai says CPALL fears losing neutrality in virtual bank plan
MONDAY, APRIL 20, 2026
Suphachai says Counter Service’s neutral role with all banks lies at the heart of CPALL’s resistance to a proposed virtual bank restructuring.
CPALL board opposes moving key units into CP virtual bank
SUNDAY, APRIL 19, 2026
CPALL’s disinterested directors have rejected a plan to place three important subsidiaries under ACM Holding’s virtual bank group, but shareholders will still vote on it next month.
SCBX launches virtual Bank X, drops 31-billion-baht Home Credit Vietnam deal
FRIDAY, MARCH 27, 2026
SCBX has set up Bank X to pursue a virtual banking licence in Thailand while Thai Commercial Bank scrapped its planned 31-billion-baht acquisition of Home Credit Vietnam