CEO Banthoon Lamsam (2010–) | Traded as SET: KBANK | |
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Industry Banking, Financial Services Number of locations 1,120 branches and 9,349 ATMs (2015) Key people Bantoon Lamsam (Chairman & CEO) Products Consumer banking, Mortgage loans, Credit cards, Finance and Insurance, Corporate banking, Foreign Currency Exchange & Financial Risk Management Products, Equity & Debt Underwriting, Project Finance, Asset Management Stock price KBANK (BKK) THB 190.00 0.00 (0.00%)10 Mar, 4:38 PM GMT+7 - Disclaimer Founded 8 June 1945, Bangkok, Thailand Profiles | ||
Kasikornbank money transfer for myanmar worker via k atm full
Kasikornbank (KBank, Thai: ธนาคารกสิกรไทย), formerly known as the Thai Farmers Bank is a leading banking group in Thailand. KBank was established on 8 June 1945 (2488 BE) by Choti Lamsam, with registered capital of five million baht. It has been listed on the Stock Exchange of Thailand since 1976. The current chairman and CEO is Bantoon Lamsam, the grandson of the founder. In 2003, Thai Farmers Bank changed its name to KASIKORNBANK or KBank.
Contents
- Kasikornbank money transfer for myanmar worker via k atm full
- History
- Offices
- Services
- Notable former employees
- References
As of December 2015 KBank was the fourth largest commercial bank in Thailand as measured by total assets, loans, and deposits, with the market shares of 14.5%, 14.6% and 15.3% respectively. Kasikornbank has a registered capital of 30.5 billion baht with paid up capital of 23.9 billion baht and market capitalization of 360 billion baht (second largest in the banking sector on the Stock Exchange of Thailand). KBank has total assets of 2.555 trillion baht, total deposits of 1.705 trillion baht and total loans (to customers less deferred revenue) outstanding of 1.610 trillion baht. The bank offers consumer banking such as credit card services, and mortgage lending, wealth management, corporate banking services including cash management, international trade financing, lending, deposit-taking, supply chain financing, Bancassurance, FX and derivatives, investment banking, custodian services, asset management, securities service, and factoring.
History
Kasikornbank (then Thai Farmers Bank) was established on 8 June 1945, with registered capital of 5 million bahts and 21 employees. Its first office is now the Thanon Sua Pa Main Branch. The bank showed healthy performance after only six months in operation. As of 31 December 1945, or at the end of its first accounting period, the bank recorded total deposits of 12 million bahts and with assets of 15 million baht.
Offices
KBank headquarters is located on Ratburana road, Bangkok. The operations hub take place in the buildings located in Impact, Muang Thong Thani, Bangkok. The hub of sales, trading and investment banking is located at 400/22 Phahonyotin avenue. Kasikorn Research Center, Asset Management and Securities businesses are also located on Phahonyothin building.
Kasikornbank operated 1,120 branches, 9,349 ATMs, 159 foreign exchange booths and 58 international trade centers throughout Thailand. The bank branch network extends throughout Thailand’s 77 provinces, as well as overseas.
Services
KBank provides financial products and services through its core business divisions:
Retail Business provides bank account, credit card, debit card, K-Personal Credit, K-Payroll Benefit, K-Home Loan, wealth management, insurance, foreign currency bank note exchange, and money transfer.
SME Business offers financial products, services and solutions to SME e.g. loan, cash management, bancassurance, trade finance and foreign exchange service.
Corporate Business offers financial products, services and solutions to larger corporation e.g. Corporate Finance & Investments, Supply Chain Financing, FX & Derivatives, K-Value Chain Solutions.
Corporate and SME Products provides financial product and service to large corporate and SME customers such as cash management, trade finance, bancassurance and securities services.
Capital Markets Business offers complete range of treasury products such as foreign exchange, interest rates, and commodity hedging, structured note, aval Bills discounting, debt securities underwriting and investment.
Investment Banking Business offers advisory and financing solutions such as M&A, project finance advisory, project financing, syndicated loan including Infrastructure fund, Property fund, REITS underwriting.