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Malaysia, Thailand setting up system of Qualified ASEAN Banks

september 14, 2021by Reacties uitgeschakeld voor Malaysia, Thailand setting up system of Qualified ASEAN Banks

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KUALA LUMPUR, Sept. 14 (Xinhua) — Banking institutions from Thailand and Malaysia have been invited to indicate their interest to be a Qualified ASEAN Bank (QAB) in Malaysia and Thailand, said Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) on Tuesday.

The bilateral arrangement and its commitments form part of the ASEAN Framework Agreement on Services (AFAS), they said in a joint statement.

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