It rolled out a real-time fund transfer system, open API guidelines, virtual banks authorisation in 2018 alone.

The country’s slowing economy is about to squeeze banks’ profits and drive even greater costs.

Legacy systems, regulatory challenges, and exposure to the mainland are taking their toll on banks.

Rising risks plague China banks amidst slowing economy.

Analysts remain bearish amidst weak growth in China and plans of further monetary tightening in the US.

There is concern that the entry of more foreign banks will threaten local banks.

The deterioration in asset quality can be seen as Thai commercial banks’ non-performing loans surge.