Thailand seeks balance in regulating e-banking


CHIANG MAI, THAILAND -- Thai banking supervisors will seek to strike the right balance between the need to regulate electronic banking (e-banking) and the need to avoid stifling innovation, a senior Thai central banker said in December.

E-banking represents a new challenge to the overall competitiveness of the Thai banking industry, Bank of Thailand deputy governor Tanya Sirivedhin said.

She told a forum of banking supervisors that the potential benefits of e-banking are likely to outweigh the

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