The Bank of Thailand said it plans to propose giving licences to three operators for virtual banks, but may open this up for additional applicants, Bank of Thailand senior director Wipawin Promboon told a news conference. Wipawin did not name any banks.
Virtual banks must have registered capital of at least 5 billion baht ($150.15 million), Wipawin said and that foreign operators must have a Thai partner.
($1 = 33.3000 baht)
(Reporting by Kitiphong Thaichareon and Chayut Setboonsarng; Editing by Ed Davies)
