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Bangkok Post
Bangkok Post
Business

EXPLAINED: Ascend bank delays launch | Vintage Vibes

True Suphachai Chearavanont Bank of Thailand CP Group
Mr Brekke said the bank's commercial service will be rolled out soon, with the launch expected within this year.

Ascend Bank, the virtual bank backed by Charoen Pokphand (CP) Group, has delayed its commercial service launch due to complex regulatory mandates and technological integration issues.

The bank's commercial service will be rolled out soon or within this year, said Sigve Brekke, group chief executive of True Corporation.

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