List of banks in Thailand

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Kasikorn bank headquarters

In Thailand, the banks are governed by the Bank of Thailand, which was established in 1942. Across Thailand, there is thirty licensed banks that are registered with a further six being state-owned. In total they have a combined assets of 26.268 trillion baht (~ US$835.25 Billion) as of June 2019.[1]

State-owned banks[edit]

Thai commercial and retail banks[edit]

Commercial banks[edit]

Name Total Assets (M baht) Total Assets (B US$)
Siam Commercial Bank 3,187,340 (2018)[4]
Kasikornbank 3,155,091 (2018)[5]
Bangkok Bank 3,116,750 (2018)[6]
Krung Thai Bank 2,739,203 (2018)[7]
Government Savings Bank 2,704,340 (2018)[8]
Bank of Ayudhya (Krungsri) 2,173,622 (2018)[9]
Thanachart Bank (49% owned by Scotiabank) 1,060,929 (2018)[10]
TMB Bank (25% owned by ING; 7% DBS; 25.9% Thai Ministry of Finance; 2% Thai military)[11] 891,713 (2018)[12]
Kiatnakin Bank 306,330 (2018)[13]
CIMB (Thai) (incorporated and licensed as a bank in Thailand, a subsidiary of CIMB of Malaysia) 8.2 (2016)[14]
Standard Chartered Bank (Thai) (incorporated and licensed as bank in Thailand, a subsidiary of Standard Chartered Bank of the UK) 6.1 (2016)[14]
United Overseas Bank (Thai) (incorporated and licensed as bank in Thailand, a subsidiary of UOB of Singapore) 17[15]
TISCO Bank 3.4
Industrial and Commercial Bank of China (Thai) (incorporated and licensed in Thailand and is a subsidiary of ICBC of China) 2.1
Mega ICB Thailand branch (subsidiary of Mega ICB of Taiwan) 0.4

Retail banks[edit]

Rank Name Total Assets
1 Thai Credit Retail Bank[16] US$1.84 Billion

Foreign banks with Bangkok branch[edit]

Ranked by total assets as of 31 Dec 2006[citation needed][edit]

Rank Name Total Assets
1 The Bank of Tokyo-Mitsubishi (Japan) US$7.3 billion
2 Citibank (US) US$5.7 billion
3 Sumitomo Mitsui (Japan) US$5.6 billion
4 Mizuho (Japan) US$4.4 billion
5 HSBC US$3.7 billion
6 Others US$3.8 billion
Total US$36.1 billion

Foreign banks (European)[edit]

Foreign banks (Asian)[edit]

Foreign banks (North American)[edit]

Representative offices in Thailand[edit]

Bank holidays[edit]

The Bank of Thailand (BOT) maintains the official list of banking holidays in Thailand.[24]

See also[edit]

References[edit]

  1. ^ "Thailand Commercial Banks' Total Balance Sheet".
  2. ^ "GH Bank has high-income earners in sight". Bangkok Post. 21 August 2019. Retrieved 21 August 2019.
  3. ^ "Fitch Affirms Ratings on Six Policy Banks in Thailand". Fitch Ratings Thailand. 2014-12-01. Archived from the original on 20 September 2016. Retrieved 31 December 2015.
  4. ^ "SCB: THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET).
  5. ^ "KBANK: KASIKORNBANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
  6. ^ "BBL: BANGKOK BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
  7. ^ "KTB: KRUNG THAI BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
  8. ^ "GSB Annual Report 2018". Government Savings Bank (GSB). p. 22. Retrieved 17 December 2019.
  9. ^ "BAY: BANK OF AYUDHYA PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
  10. ^ "TCAP: THANACHART CAPITAL PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
  11. ^ Chantanusornsiri, Wichit (4 July 2019). "TMB-TBank marriage creeps a step closer". Bangkok Post. Retrieved 4 July 2019.
  12. ^ "TMB: TMB BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
  13. ^ "KKP: KIATNAKIN BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
  14. ^ a b "Top 10 Banks in Thailand ranked by total assets (December 2016)". Banks Daily. Retrieved 6 June 2018.
  15. ^ "UOB (Thai) Annual Report 2018" (PDF). UOB Group. February 2019.
  16. ^ Banchongduang, Somruedi (March 2020). "TCRB sees drop in bad loans". Bangkok Post. Retrieved 29 July 2019.
  17. ^ "ABN AMRO Thailand". Bank Thailand Information Services. Retrieved 1 January 2016.
  18. ^ "BNP Paribas in Thailand". Bank Thailand Information Services. Retrieved 1 January 2016.
  19. ^ "Deutsche Bank in Thailand". Deutsche Bank. Retrieved 1 January 2016.
  20. ^ "HSBC Bank". Bank Thailand Information Services. Retrieved 1 January 2016.
  21. ^ "Thailand". Bank of America Merrill Lynch. Retrieved 1 January 2016.
  22. ^ "Citibank Thailand". Citi. Retrieved 5 January 2018.
  23. ^ "Thailand". J.P. Morgan. Retrieved 1 January 2016.
  24. ^ "Financial institutions' Holidays for B.E. 2561 (2018)". Bank of Thailand. Retrieved 30 December 2016.