Bangkok Bank (BBL) is positive it will safeandsecure a virtual bank licence, backed by the robust abilities of each partner within its consortium. The bank hasactually studied virtual banking designs abroad and discovered that there are 3 vital success elements: core banking innovation, a strong environment, and reliable danger management, according to the bank’s senior executive vice-president Kobsak Pootrakool. Mr Kobsak stated that while conventional banks need considerable financialinvestments in innovation to strengthen core banking systems, virtual banking runs inadifferentway, relying greatly on information as a secret chauffeur of organization success. BBL’s consortium, consistingof 5 organization partners using for a virtual bank licence, is well-positioned to develop a strong community, leveraging the comprehensive consumer bases of its partners such as Shopee, Thailand Post, and Saha Group, stated Mr Kobsak. BBL, Thailand’s biggest bank by properties, has partnered with Singapore-based Sea Limited, BTS Group (via VGI’s subsidiary), Saha Group, and Thailand Post to use for a virtual bank licence from the
Read More.
The news from the world
The news from the world