- CEO
- Wut Thanittiraporn
- Sector
- Finance
- Industry
- Major banks
- Address
- Langsuan Building Bangkok Thailand 10330
- IPO Date
- Nov 22, 1978
- Business
- CIMB Thai Bank Public Company Limited (CIMBT.BK) operates as a universal commercial bank in Thailand, providing a comprehensive range of consumer banking, commercial banking, wholesale banking, transaction banking, investment banking, Islamic banking, and asset management products and services to retail, SME, and corporate clients through a nationwide network of approximately 48 branches and digital channels. Its offerings encompass retail deposits and loans, credit cards, personal financing, SME lending, corporate lending, financial advisory, securities brokerage, trade finance, treasury services, Shariah-compliant products, and fund management; the bank targets individual consumers, small and medium enterprises, and large corporates primarily within Thailand while leveraging its parent CIMB Group Holdings Berhad's ASEAN connectivity for cross-border opportunities. Founded in 1949 as The Union Bank of Bangkok, rebranded as BankThai in 1998, and acquired by Malaysia-based CIMB Group in 2008 with official rebranding to CIMB Thai in May 2009, the bank maintains headquarters at Langsuan Tower in Bangkok and lists on the Stock Exchange of Thailand as the eighth-largest commercial bank by assets. Recent developments include sustained financial recovery with net profit rising to THB2.85 billion in 2024 from THB1.61 billion in 2023, total assets expanding to THB549.7 billion in first-half 2025, non-performing loans improving to 2.6%, Fitch Ratings upgrade to 'AA(tha)' in August 2025 citing enhanced profitability and risk profile, and a strategic focus on digital transformation as a digital-led bank with ASEAN reach amid branch optimization from 54 to 48 locations.