Thailand

Top Largest Banks in Thailand

1. Bangkok Bank, 2. Kasikornbank, 3. Siam Commercial Bank, 4. Krung Thai Bank, 5. Bank of Ayudhya, 6. TMBThanachart Bank, 7. CIMB Thai Bank, 8. Kiatnakin Bank, 9. Thanachart Bank, 10. Government Savings Bank. Thailand's banking industry has undergone significant growth and transformation over the past few decades. Below are the top 10 largest banks in Thailand that significantly impact the country's financial system.

  1. Bangkok Bank
  2. Kasikornbank
  3. Siam Commercial Bank
  4. Krung Thai Bank
  5. Bank of Ayudhya
  6. TMBThanachart Bank
  7. CIMB Thai Bank
  8. Kiatnakin Bank
  9. Thanachart Bank
  10. Government Savings Bank

Bangkok Bank

Founded in 1944, Bangkok Bank is the largest commercial bank in Thailand. The bank started as a small money-lending operation in Bangkok, but quickly expanded its operations to become one of the largest banks in Thailand. Today, the bank has a network of branches and ATMs across Thailand, as well as overseas branches in 14 countries, including China, Hong Kong, Japan, Singapore, the United Kingdom, and the United States.

Bangkok Bank has a strong focus on corporate banking and offers a range of products and services to businesses of all sizes. It has a large network of branches and ATMs across Thailand and also has a presence in other countries in the region. Bangkok Bank is a key player in Thailand’s financial system, providing financial services to individuals, businesses, and government entities. The bank’s extensive network of branches and ATMs makes it accessible to customers across the country. Bangkok Bank has also played a leading role in developing the Thai banking industry, supporting economic growth and stability.

Bangkok Bank has won numerous awards over the years, including Best Bank in Thailand from Euromoney and Best Retail Bank in Thailand from The Asian Banker. It has also been recognized for its corporate social responsibility efforts and has received awards for its sustainability and environmental initiatives.

Founded: 1944

Headquarters: Bang Rak, Bangkok, Thailand

Website: https://www.bangkokbank.com/en

top largest banks in thailand

Screenshot of https://www.bangkokbank.com/en

Bangkok Bank

Kasikornbank

Also known as KBank, Kasikornbank is the country’s second-largest commercial bank. It was established in 1945 and offers a range of financial products and services, including corporate and investment banking, consumer banking, and asset management. It has over 1,000 branches in Thailand and has a strong presence in the country’s retail banking market. The bank also has operations in other countries, including Cambodia, Laos, Myanmar, and China.

Kasikornbank offers a range of financial products and services, including personal banking, business banking, investment banking, and insurance. It is known for its innovative digital banking solutions and has a strong focus on serving the needs of SMEs. Kasikornbank has a strong reputation for risk management, which has helped to maintain its financial stability. The bank has also invested heavily in technology to improve operational efficiency and enhance customer experience. By providing reliable and efficient financial services, Kasikornbank helps to support the country’s economic development.

Kasikornbank has been recognized for its digital banking initiatives, winning awards such as Best Digital Bank in Thailand from Global Finance and Best Mobile Banking App from The Asian Banker. It has also received recognition for its sustainability and social responsibility efforts.

Founded: 1945

Headquarters: Rat Burana, Bangkok, Thailand

Website: https://www.kasikornbank.com/en/personal/pages/home.aspx

top largest banks in thailand

Screenshot of https://www.kasikornbank.com/en/personal/pages/home.aspx

KBank Live

Siam Commercial Bank

Siam Commercial Bank (SCB) is one of the oldest and largest banks in Thailand, with a history dating back to 1904. It is a universal bank that offers a wide range of financial products and services to individuals, businesses, and government organizations.

SCB’s business model is centered around providing innovative financial solutions to meet the changing needs of its customers. The bank has made significant investments in digital banking technology, and its mobile banking app has been well-received by customers. The bank also offers a range of financial services, including personal banking, commercial banking, investment banking, and wealth management. Siam Commercial Bank is one of the oldest banks in Thailand and has a long history of supporting the country’s economic development. The bank has been at the forefront of innovation in digital banking, providing innovative solutions to meet the evolving needs of its customers. By promoting financial inclusion and supporting sustainable finance, Siam Commercial Bank helps to promote financial stability in Thailand.

Siam Commercial Bank has won numerous awards for its digital banking initiatives, including Best Digital Bank in Thailand from Euromoney and Best Retail Bank in Thailand from The Asian Banker. It has also received recognition for its sustainability and social responsibility efforts.

Founded: 1904

Headquarters: SCB Park Plaza, Chatuchak, Bangkok, Thailand

Website: https://www.scb.co.th/en/personal-banking.html

top largest banks in thailand

Screenshot of https://www.scb.co.th/en/personal-banking.html

SCB Thailand

Krung Thai Bank

Krung Thai Bank was founded in 1966 and is the fourth-largest bank in Thailand. KTB was established by the Thai government to provide financial services to support the country’s economic development. The bank has since played a significant role in providing financial services to various sectors of the economy, including agriculture, industry, and small and medium-sized enterprises (SMEs).

Krung Thai Bank’s business model is based on providing comprehensive financial solutions to meet the needs of its customers. The bank offers a range of financial services, including personal banking, commercial banking, investment banking, and wealth management. Krung Thai Bank is a government-owned bank that plays a critical role in promoting financial inclusion and supporting small and medium-sized enterprises. The bank has a strong presence in rural areas, where it provides essential financial services to individuals and businesses. Krung Thai Bank’s commitment to supporting economic development helps to promote financial stability across the country.

Krung Thai Bank has received recognition for its digital banking initiatives, winning awards such as Best Digital Bank in Thailand from The Asian Banker. It has also been recognized for its sustainability efforts and was named one of the top 10 sustainable companies in Thailand by the Dow Jones Sustainability Index.

Founded: 1966

Headquarters: Watthana, Bangkok, Thailand

Website: https://krungthai.com/en/personal

top largest banks in thailand

Screenshot of https://krungthai.com/en/personal

Krungthai Care

Bank of Ayudhya

Bank of Ayudhya, also known as Krungsri, is one of the largest commercial banks in Thailand, with a history dating back to 1945. Bank of Ayudhya was established by the Phatra Thanakit Group, a leading financial institution in Thailand. The bank was initially focused on providing commercial and consumer loans to support the country’s economic development.

Bank of Ayudhya’s business model is based on providing innovative financial solutions to meet the needs of its customers. The bank offers a range of financial products and services, including deposits, loans, credit cards, insurance, and investment products. Bank of Ayudhya has also made significant investments in digital banking technology, with its mobile banking app and online banking platform being well-received by customers. Bank of Ayudhya’s innovative approach to banking has helped to improve operational efficiency and enhance customer satisfaction. Bank of Ayudhya’s commitment to promoting financial inclusion and supporting the growth of the SME sector helps to promote economic stability across the country.

Bank of Ayudhya has won several awards for its digital banking initiatives, including Best Digital Bank in Thailand from Global Finance and Best Mobile Banking App from The Asian Banker. It has also been recognized for its corporate social responsibility efforts, including being named one of the top 10 sustainable companies in Thailand by the Dow Jones Sustainability Index.

Headquarters: Yan Nawa, Bangkok, Thailand

Website: https://www.krungsri.com/en/personal

top largest banks in thailand

Screenshot of https://www.krungsri.com/en/personal

NBT WORLD

TMBThanachart Bank

TMB Bank was established in 1957 as the Thai Military Bank to serve the financial needs of the Thai military and their families. In 1994, the bank was restructured and became a public company, and in 2017, TMB Bank merged with Thanachart Bank to form the fifth-largest bank in Thailand.

TMBThanachart Bank’s business model is focused on providing innovative and customer-centric financial solutions. The bank has made significant investments in digital banking technology, with its mobile banking app and online banking platform being well-received by customers. TMBThanachart Bank provides reliable and efficient financial services to individuals and businesses across Thailand. The bank’s commitment to sustainability and social responsibility helps to promote financial stability by supporting environmental and social causes. TMBThanachart Bank also plays a role in promoting financial inclusion by offering essential financial services to underserved communities.

TMBThanachart Bank has won several awards for its digital banking initiatives, including Best Digital Bank in Thailand from Global Finance and Best Mobile Banking App from The Asian Banker. It has also been recognized for its corporate social responsibility efforts, including being named one of the top 100 most sustainable companies in Asia by the Channel NewsAsia Sustainability Ranking.

Headquarters: Chatuchak, Bangkok, Thailand

Website: https://www.ttbbank.com/en

top largest banks in thailand

Screenshot of https://www.ttbbank.com/en

ttb bank

CIMB Thai Bank

CIMB Thai Bank was established in 1998 following the acquisition of Bank Thai Public Company Limited by CIMB Group Holdings. The bank operates as a subsidiary of CIMB Group Holdings and offers a wide range of financial products and services to customers in Thailand.

CIMB Thai Bank offers a comprehensive suite of banking and financial services, including personal and business banking, investment banking, wealth management, and capital markets services. The bank operates through a network of branches and ATMs across Thailand, as well as through its digital banking platforms. CIMB Thai Bank is a subsidiary of CIMB Group, a leading ASEAN universal bank. The bank has a strong presence in Thailand and has been recognized for its innovative digital banking solutions. By providing innovative solutions to meet the evolving needs of its customers, CIMB Thai Bank helps to promote financial stability in Thailand.

CIMB Thai Bank has been recognized for its digital banking initiatives, winning awards such as Best Digital Bank in Thailand from The Asset Triple A Awards. It has also been recognized for its corporate social responsibility efforts, including being named one of the top 100 most sustainable companies in Asia by the Channel NewsAsia Sustainability Ranking.

Founded: 1998

Headquarters: Pathum Wan, Bangkok, Thailand

Website: https://www.cimbthai.com/en/personal/home.html

top largest banks in thailand

Screenshot of https://www.cimbthai.com/en/personal/home.html

CIMB THAI Bank

Kiatnakin Bank

Kiatnakin Bank was established in 1971 as Kiatnakin Finance and Securities Company Limited, with a focus on providing leasing and factoring services. The company was later converted into a commercial bank in 1995 and has since grown to become one of the leading mid-tier banks in Thailand.

Kiatnakin Bank’s business model is centered around serving SMEs and providing tailored financial solutions to help these businesses grow. The bank has a strong focus on building long-term relationships with its clients and providing personalized services that meet their unique needs. This approach has helped the bank develop a loyal customer base and maintain a strong reputation in the Thai banking industry. The bank is committed to promoting sustainable business practices. The bank has implemented various initiatives aimed at reducing its environmental footprint and promoting social responsibility. By promoting sustainability and responsible business practices, Kiatnakin Bank helps to promote long-term financial stability in Thailand.

Kiatnakin Bank is a well-respected financial institution in Thailand with a strong focus on serving SMEs and providing personalized services to its clients. The bank’s commitment to digital banking has helped it stay competitive and attract younger customers, while its solid financial performance has helped it maintain a strong position in the Thai banking industry.

Founded: 1971

Headquarters: Bangkok, Thailand

Website: https://bank.kkpfg.com/en/home

top largest banks in thailand

Screenshot of https://bank.kkpfg.com/en/home

Kiatnakin Phatra

Thanachart Bank

Thanachart Bank was established in 2002 through a merger of three financial institutions: Bank of Asia, Union Bank of Bangkok, and Thai Military Bank. The bank is majority-owned by the Canadian financial institution Scotiabank, which acquired a 49% stake in the bank in 2013.

Thanachart Bank operates through a network of branches and ATMs across Thailand, as well as through its digital banking platforms. The bank offers a wide range of financial products and services, including personal and business banking, investment banking, wealth management, and insurance services. Thanachart Bank has a strong focus on customer experience and has invested heavily in technology to improve operational efficiency and enhance customer satisfaction. The bank’s commitment to strong corporate governance practices helps to promote financial stability by ensuring that the bank is well-managed and operates in a responsible manner.

Thanachart Bank has been recognized for its digital banking initiatives, winning awards such as Best Digital Bank in Thailand from The Asset Triple A Awards. It has also been recognized for its corporate social responsibility efforts, including being named one of the top 100 most sustainable companies in Asia by the Channel NewsAsia Sustainability Ranking.

Founded: 2002

Website: https://www.thanachart.co.th/en/home

top largest banks in thailand

Screenshot of https://www.thanachart.co.th/en/home

SuperRED Modelling

Government Savings Bank

Government Savings Bank is a state-owned bank that was established in 1913. It has a mandate to promote savings and financial inclusion among Thais, especially those in rural areas. The bank has a network of over 1,300 branches across the country, making it accessible to a wide range of customers.

The Government Savings Bank offers a range of financial products and services, including personal banking, business banking, investment banking, and insurance. It has a strong focus on serving the needs of low-income households and small businesses. Government Savings Bank plays a critical role in supporting the country’s financial stability by promoting financial inclusion and providing essential financial services to underserved communities. Government Savings Bank’s commitment to financial inclusion, economic development, and innovation helps to promote financial stability in Thailand. The bank’s extensive network and range of financial products and services make it an important player in the country’s financial system.

The Government Savings Bank has been recognized for its efforts to promote financial inclusion and to serve the needs of low-income households and small businesses. It has also been recognized for its corporate social responsibility efforts, including being named one of the top 10 sustainable companies in Thailand by the Dow Jones Sustainability Index.

Founded: 1913

Headquarters: Phaya Thai, Bangkok, Thailand

Website: https://www.gsb.or.th/

top largest banks in thailand

Screenshot of https://www.gsb.or.th/

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