Veerathai Santiprabhob: On collaboration for the Thai financial system

Keynote address by Dr Veerathai Santiprabhob, Governor of the Bank of Thailand, at the Bangkok FinTech Fair 2019, Bangkok, 18 July 2019.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
18 July 2019
by Veerathai Santiprabhob
PDF full text
(190kb)
  |  5 pages

Ladies and gentlemen,

A very good morning, and welcome to the 2019 Bangkok FinTech Fair.

I stood here in the First Bangkok Fintech Fair one and a half years ago. In that event, I emphasized that the Bank of Thailand's financial sector policy focused on improvements in three key areas: productivity, inclusivity, and immunity. In order to uplift our economy's competitiveness and the standard of living of the people, financial technology will be instrumental in helping us meet these three objectives. It is this strategic direction that has guided our approach to the digitalization of Thailand's payment system and set the stage for many ongoing FinTech developments today. These three objectives of productivity, inclusivity, and immunity will continue to guide our financial sector policy in the world of digital finance.