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Thai Tycoons Heat Up Virtual Bank Bids as Applications Open

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March 20, 2024, 8:12 a.m. | Anuchit Nguyen, Suttinee Yuvejwattana

Bloomberg Technology bloomberg.com

Charoen Pokphand Group and Gulf Energy Development Pcl, among Thailand’s largest business groups, are vying for the country’s new virtual bank licenses as the Bank of Thailand opens applications.

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