Thailand Travel Information and Travel Guide Thailand

           

 

 

 

           

 

 

 

Thailand Banks

 

 

Thailand Banks

Thailand banks are local commercial and retail banks and foreign banks. In the first category are:

Tisco Bank, Bangkok Bank, Kasikorn Bank, Siam Commercial Bank, Mega ICB, Krungthai Bank, CIMB Thai, TMB Bank, ACL Bank, Kiatnakin Bank, Bank of Ayudhya, Thanachart Bank, Standard Chartered Bank, Siam City Bank and United Overseas Bank.

The local retail Thailand Banks are the Thai Credit Retail Bank and LH Retail Bank. Among the foreign Thailand banks are: Deutsche Bank, BNP Paribas, HSBC, ABN-AMRO Bank N.V., Calyon Corporate & Investment Bank (all from Europe), RHB Bank Berhad, Bank of China, Mizuho Corporate Bank, Ltd, The Bank of Tokyo-Mitsubishi UFJ, LTD, Indian Overseas Bank, Sumitomo Mitsui

 

Banking Corporation, Overseas Chinese Banking Corporation Ltd (all from Asia), Bank of America, JP Morgan Chase and Citibank Thailand (all from North America). One of the Thailand banks, Bangkok Bank is the country’s largest bank, with over 17 million accounts and established in 1944. Not only the bank is in the top five companies on the Thailand’s Stock Exchange but also is the 7 th

largest bank in the Asia’s South-East.
 

Thailand Banks

Chartsiri Sophonpanich is the president of the bank, the grandson of the bank’s founder and the son of the ex-president Chatri Sophonpanich.

 

The executive chairman of the bank is Kosit Panpiemras. Among the services offered by the Bangkok Bank are personal and investment banking, swaps, a large business range, day transactions in export and import bills, outward and inward remittances, forward contracts as well as trading in the secondary and primary markets for corporate debentures and government bonds.

 

One of the Thailand banks is Kasikorn, established in 1945, on June 8, by Choti Lamsam. At that time the bank’s capital was 5 million Baht. It is Thailand’s 4 th largest bank as regarding the loans, deposits and assets, with Banyong Lamsam as chairman.

 

The registered capital of the bank is 26.9 million baht, with the 23.6 million baht paid up capital, 685.2 billion baht deposits, 820.9 million baht assets and 531.6 billion baht total loans. Kasikorn Bank offers commercial, corporate and consumer banking services, such as custodian services, lending, credit card services, asset management, international trade financing, investment banking services and deposit-taking.

Other Thailand bank is Citibank, officially registered in 1985, on November 1. The bank offers its services both to the business persons and to the individual consumers such as:

Banks in Thailand
 

private banking, trade finance, foreign exchange, lending, cash management, capital markets, securitization and custodian services. TMB Bank is one of the largest Thailand banks, listed on the Thailand’s Stock Exchange in 1983, on December 23. The bank former name was Thai Military Bank and was established to provide financial services to the military personnel as well as to their families. In time, the bank expanded the services to all categories of customers. In March 2010 the major shareholders were: the Thai Ministry of Finance- 22.56%, ING Group – 26.41%, Thai Military – 1.44% and the DBS Bank – 7.17%. The most of the Thailand banks accept to open accounts for foreign if they have work permits.

 
 

  

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