Mr Payong, right, and Mr Mittal unveil the KTB partnership with Fidelity International to improve wealth management capabilities.
The Thai Bankers’ Association (TBA) is mulling a new fee structure for the industry, with higher service costs for banks possibly passed on to customers.
TBA president Payong Srivanich said bank members have discussed a new fee structure in line with operating costs. Banks plan to consider the operating expenses of both traditional and digital banking services before finalising a new fee structure, which will include discussions with the Bank of Thailand.
The current fee structure for the industry is distorted and does not reflect…
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