Brokerage: Virtual banks face growth, profitability tests

๐Ÿ‡น๐Ÿ‡ญ Bangkok Post (TH) —

AI Summary

Thailand's virtual banks are anticipated to see significant growth with their combined loan portfolio expected to reach 200 billion baht within 5-6 years, according to Kiatnakin Phatra Securities. This indicates an expanding financial landscape involving digital banking and brokerage services in Thailand.

Kiatnakin Phatra Securities (KKPS), the brokerage arm of Kiatnakin Phatra Financial Group (KKP), expects the combined loan portfolio of Thailand's three virtual banks to reach 200 billion baht in 5-6 years.

World Markets Deals virtual banks Thailand loan portfolio Kiatnakin Phatra Securities financial growth digital banking

Read original source →