- Business
- Krung Thai Bank Public Company Limited delivers a comprehensive spectrum of commercial banking solutions. The institution operates distinct divisions encompassing Retail Banking, Corporate and SME Banking, and Treasury and Investment services. Within its Retail Banking operations, the bank provides a variety of offerings, including checking, savings, and time deposit accounts, alongside foreign currency deposit facilities. It extends personal and home mortgage financing, issues various card products such as debit, travel, cash, top-up, and credit cards, and offers investment options through its asset management arm. Insurance solutions span motor vehicle, property, health, and life coverage. Furthermore, retail services include money transfers, bill payments, mobile top-ups, foreign exchange, and support for overseas education, complemented by extensive e-banking platforms like Krungthai NEXT and the PaoTang application, which facilitates digital government transactions for all Thai citizens. For small and medium-sized enterprises (SMEs), the bank offers specialized lending products and advisory services, including supply chain financing to support business growth. In its Corporate Banking segment, the company delivers cash management solutions such as collection, liquidity management, and transfer and payment services. It provides corporate current and fixed deposit accounts, foreign currency and term deposit products, and corporate cards. Its global markets capabilities include derivatives for foreign exchange, interest rates, equities, commodities, and credit. The bank also offers financial advisory services for mergers and acquisitions, capital market underwriting, selling agent services, and project finance, all supported by its advanced e-banking systems. The Treasury and Investment division manages offerings like government and corporate bonds, structured notes, and investment units. The bank also plays a crucial role as a primary financial channel for government initiatives, facilitating disbursements and providing targeted lending programs. Krung Thai Bank extends its services through a broad network of branches across Thailand, which numbered 924 as of May 2024, and maintains an international presence with branches in countries like Cambodia, Laos, India, and key financial hubs such as Singapore and Los Angeles. Established on March 14, 1966, the bank is headquartered in Bangkok, Thailand.