Krung Thai Bank Public Company Limited
KGTFY
Other OTC20.99
USD
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Krung Thai Bank Public Company Limited
KGTFY
(Other OTC)
Recent
price
20.99
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Krung Thai Bank Public Company Limited (KTB) is a major state-owned commercial bank in Thailand that provides a comprehensive range of banking and financial services through its retail banking, corporate banking, and treasury and investment segments; core offerings include current, savings, and fixed deposit accounts; personal, housing, SME, and international business loans; debit, credit, and prepaid cards; investment services in government and corporate bonds, structured notes, and mutual funds; life, health, motor, accident, and non-life insurance products; cash management, trade finance, foreign exchange, derivatives, and payment services; as well as digital solutions such as e-banking, mobile banking, Krungthai NEXT app, and PromptPay integration. Founded in 1966 through the merger of government-owned banks and headquartered at 35 Sukhumvit Road, Klong Toey Nua, Wattana, Bangkok, the bank operates over 900 domestic branches, approximately 7,200 ATMs across Thailand, and international branches in Cambodia, Laos, India, China, the United States, and Singapore, primarily serving individual consumers, government agencies, SMEs, and corporate clients with a strong focus on civil servants and public sector disbursements like pensions and tax refunds. Recent developments include selection in 2025 as the settlement bank for a Thailand-China cross-border QR payment partnership with National ITMX and Ant International to enable Alipay usage at Thai merchants via PromptPay; authorization by the Bank of Thailand for a Krungthai-led consortium with AIS and PTTOR to launch one of Thailand's first virtual banks by 2026 targeting financial inclusion; a partnership with Mass Rapid Transit Authority (MRTA) to introduce the Mang-moom EMV contactless card for MRT fare payments; and integration of Treasury Department land appraisal data with KTB and Government Housing Bank to align prices with market values, amid ongoing merger discussions with TMBThanachart Bank (TTB) to create Thailand's largest bank by assets.