HomeBusinessThai central bank to let banks invest more in fintech

Thai central bank to let banks invest more in fintech

BANGKOK : Thailand’s central bank plans to enable banks to invest more than a present restrict of 3per cent of their capital funds in fintech, besides in digital property, an assistant governor mentioned on Tuesday.

The central bank additionally expects to situation guidelines on digital banks in the primary half of the 12 months, Roong Mallikamas instructed a information convention.

(Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by Martin Petty)

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