Bangkok Bank

#1715

Rank

$8.65B

MarketCap TH

TH Thailand

Country

Summary
Bangkok Bank Public Company Limited provides various commercial banking products and services in Thailand and internationally. The company operates through Domestic Banking, International Banking, Investment Banking, and Others segments. It offers various personal banking products and services, including savings, current, fixed deposit, foreign currency, and other accounts; home and personal loans, as well as loans for pensioners; mutual funds; investments products and services, such as bonds and debentures, as well as agency services; life and non-life bancassurance products; payment, funds transfer, currency exchange and foreign instrument, and SMS services; debit, credit, and prepaid cards; and phone and Internet banking, mobile banking, ATMs, and other services. The company also provides business banking products and services comprising operating accounts; loans for SMEs, international trade, investment banking, and e-guarantee services; securities services, such as custodian, mutual fund supervisor, provident fund registrar, securities registrar, and debenture holders' representative services; personal loans for small businesses; payment, collection, and merchant services; digital banking services; and commercial cards. In addition, it offers trade finance, remittances, export and import, project, corporate finance, and financial advisory services, as well as liquidity, fund, and asset management services. Bangkok Bank Public Company Limited was founded in 1944 and is headquartered in Bangkok, Thailand.

History

Bangkok Bank was established in 1944 and was listed on the Stock Exchange of Thailand in 1975.

One of Thailand's 3rd class banks, Bangkok Bank has an extensive distribution channel network to serve a variety of customers. Services are provided through physical premises such as branches and business centers, digital banking such as internet banking , mobile banking , phone banking, 9,300 ATMs, 1,200 CDMs, and other self-service machines.:?26?Bangkok Bank currently has the largest overseas branch network of any Thai bank with 32 international branches in 15 economies, including wholly owned subsidiaries in Malaysia and China. The international branch network is concentrated in Southeast Asia, China, Hong Kong, Taiwan and Japan; and the bank also has branches in London and New York. Bangkok Bank is the only Thai bank with a local bank in China with its head office in Shanghai and six branches. The China branches are in Shanghai, Beijing, Shenzhen, Chongqing, Xiamen, and the Shanghai Free Trade Zone. Bangkok Bank has 16 international branches in ASEAN countries which form the ASEAN Economic Community . Bangkok Bank is the only Thai bank to have a branch in Myanmar where its Yangon Branch opened on 2 June 2015.As of April 2018 Bangkok Bank has 1,167 branches in its domestic network, including self-service outlets, covering all 77 provinces in Thailand. The branch network is one of the largest branch networks among Thai banks, second only in size to Krung Thai Bank. In 2018 the bank also had 117 business centers, 126 business desks and 68 trade finance centers.In 2020, Bangkok Bank purchased an 89.12% stake of Indonesia's PermataBank from Standard Chartered and Astra International for Rp33.66 trillion . The Indonesian branch of Bangkok Bank merged its operations with PermataBank from December 2020, with PermataBank as the surviving entity.Bangkok Bank has a full range of business, investment banking and personal banking services. It is one of the most active global traders of Thai baht and baht-denominated bonds. The bank trades in all major currencies as well as a large number of regional currencies. Other services include same day transactions in import and export bills, inward and outward remittances, swaps, options, and forward contracts trading in the primary and secondary markets for government bonds and corporate debentures.

The company's current president is Chartsiri Sophonpanich, the grandson of its founder and former president Chin Sophonpanich, and the son of former president Chatri Sophonpanich, who is the chairman of Bangkok Bank.

The company received a royal warrant of appointment for its services and has had the privilege of displaying the royal garuda since 1967.Bangkok Bank's SWIFT code is BKKBTHBK.


Mission
Bangkok Bank's mission is to foster economic growth and development in Thailand, providing world-class financial services to individuals, businesses and communities.

Vision
We aspire to be the most trusted bank in Thailand, and the region, by providing exceptional products and services to exceed the expectations of our customers.

Key Team

Mr. Chansak Fuangfu (Sr. EVP & Exec. Director)

Mr. Amorn Chandarasomboon (Exec. Director)

Mr. Singh Tangtatswas (Exec. Director)

Mr. Charamporn Jotikasthira (Exec. Director)

Dr. Pichet Durongkaveroj (Exec. Director)

Mr. Boonsong Bunyasaranand (Sr. EVP, Mang. of Treasury Division & Exec. Director)

Ms. Oranuch Nampoolsuksan (Exec. VP and Mang. of Accounting & Fin. Division)


Recognition and Awards
The bank has won numerous awards, including “Best Bank in Thailand” from Global Finance magazine, “Best Bank in Southeast Asia” from Euromoney and “Bank of the Year in Thailand” from The Banker.

References
Bangkok Bank
Leadership team

Mr. Chartsiri Sophonpanich (Pres & Exec. Director)

Mr. Deja Tulananda (Exec. Director & Chairman of Exec. Directors)

Mr. Suvarn Thansathit (Sr. EVP & Exec. Director)

Products/ Services
Banking, Financial Services, Impact Investing
Headquarters
Bangkok, Krung Thep, Thailand
Established
1944
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
BBL.BK
Social Media
Wed Feb 28 2024
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