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NEC Financial Solution Division
Shaping the Future of Finance in Thailand
Thailand is accelerating its journey toward a digital and sustainable financial future. Under the Vision 2030 Ignite Thailand strategy, the country aims to position itself as a global hub across key sectors, including tourism, wellness, agriculture, logistics, future mobility, digital economy, and finance. Within this vision, Thailand is building the foundation to attract global investors and create an ASEAN “Wall Street”–style financial district.
At the same time, Thailand has set a bold net-zero emissions target for 2065. Achieving this will require $20 billion in annual investment, with banks and financial institutions expected to play a key role in enabling sustainable finance.
Room for Growth
Thailand’s SMEs are resourceful and resilient, forming the backbone of Thailand’s economy. But a few roadblocks still stand in the way of even greater progress
Many SMEs still struggle to access credit through traditional banking systems.
New businesses often lack the financial history to qualify for loans.
Legacy processes and fragmented supply chains slow funding and reduce transparency.
The Bank of Thailand’s move to issue virtual banking licenses is a step toward changing this. With digital-first financial institutions now approved to serve the market, there’s a renewed focus on offering faster, more inclusive financing—particularly for unserved and underserved SME segments.
With smoother access to finance, more transparency, and faster funding, Thai businesses could unlock even more of their potential. Added this section from the latest virtual banking license announcement shared.
Why Thailand’s Financial Sector Needs a Digital Shift
As the financial sector evolves, there is a growing urgency to digitise how capital flows through the economy. The need is especially pressing in supply chain finance, where delays, manual processes, and fragmented data often prevent timely access to working capital.
To stay competitive, Thai financial institutions must adopt smarter tools that speed up decision-making and provide visibility and control for all parties—buyers, suppliers, and lenders.
Thailand 2030: From Potential to Powerhouse
Thailand’s bid to lead ASEAN finance isn’t just about tech. It’s about mindset – and a new kind of ambition.
Creating What’s Ahead in Digital Finance
At NEC, we help financial institutions unlock growth, build trust, and confidently operate in a rapidly evolving ecosystem. Our Financial Services Division combines cutting-edge technologies, strategic partnerships, and deep domain expertise to support every step of your digital transformation journey.
Built on Experience. Focused on the Future.
With 125 years of global innovation and 60 years in Thailand, NEC is a trusted transformation partner. From resilient infrastructure to future-ready finance, we help industries move forward with purpose.
Let’s Create What’s Ahead in Finance.