Kiatnakin Phatra (KKP) Bank is launching a new app called Dime! As a way for Middle-To-Low Income groups to invest in the stock market.
Dime's CEO Kampol Jantavibool said KPP wants to educate more Thais about financial management and encourage them to invest in equities and mutual funds. Investment in these assets, combined with proper understanding and information, will yield worthwhile returns, said Kampol at Tuesday’s launch event.
He cited a recent study that found only 3 million Thais had equities accounts and 1.5 million had mutual funds. In comparison, more than 50 percent of people in countries such as the United States and Singapore have stock market investments.
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