Kasikornbank Public Co. Ltd.
242.00
THB
+4.00
(+1.68%)
ISIN
TH0016010R14
Return %
Stock
S&P 500
1Y
34.07
14.20
3Y
87.60
81.12
5Y
71.02
68.34
Capital Structure
THB
•
in mil. unless spec.Working Capital
THB
•
in mil. unless spec.Growth Rates
THB
•
in mil. unless spec.Quarterly Revenue
THB
•
in mil. unless spec.Quarterly Earnings Per Share
THB
•
in mil. unless spec.Quarterly Dividends Per Share
THB
•
in mil. unless spec.Company Description
- CEO
- Kattiya Indaravijaya
- Full Time Employees
- 11,219
- Sector
- Finance
- Industry
- Regional banks
- Address
- No 1 Soi Rat Burana 27 1 Bangkok BM Thailand 10140
- IPO Date
- Feb 9, 1976
- Website
- kasikornbank.com
- Similar Companies
- Business
- Kasikornbank Public Company Limited, established in 1945 and headquartered in Bangkok, Thailand, is a leading financial services group primarily engaged in commercial banking. The bank offers a comprehensive suite of core products and services including retail banking products such as savings and checking accounts, debit and credit cards, personal loans, home loans, auto loans, and mutual funds; SME banking services with loans, international trade financing, business insurance, foreign currency deposits, payroll, and payment collection solutions; corporate banking services encompassing working capital loans, investment banking, cash management, and trade finance; and wealth management and private banking services. Kasikornbank also operates a digital banking platform known as K PLUS that supports payments, fund transfers, and financial management for over 14 million users. The bank's subsidiary, Kasikorn Securities, provides investment banking, securities underwriting, and brokerage services. In recent years, Kasikornbank has made significant strategic moves to enhance its business and technology platforms. It has increased its stake in Indonesia's Bank Maspion to 84.55% with an additional $226 million investment, signaling regional expansion. In 2024, the bank invested in XSpring Capital to enter the digital asset market, showcasing its pivot toward innovation and digital finance. Kasikornbank focuses on leveraging advanced technology and artificial intelligence to improve customer experience and operational productivity, targeting sustainable revenue growth and quality lending. The bank is executing a portfolio clean-up strategy anticipated to complete in 2025, focusing on quality loan growth and risk management. It also recently adjusted lending rates to support vulnerable customers and emphasizes sustainable finance, doubling its green finance target to between 400 billion and 500 billion baht by 2030. Kasikornbank operates mainly in Thailand with expanding interests in Southeast Asia markets, targeting retail, SME, corporate, and affluent clients through integrated digital and human-assisted banking services. This strategic evolution is aligned with Kasikornbank's commitment to innovation, risk management, and sustainable growth as a trusted financial partner in the region.
Company News
Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Stock Short Interest Climbs 57.2%
Kasikornbank Public (OTCMKTS:KPCPY) Shares Up 3.2% – Here’s What Happened
Kasikornbank turns to AI, prudent lending as Thailand's economy slows, chief exec says
Thai econ expects 2.4% growth despite U.S. tariffs: Kasikornbank
KPCPY Stock Earnings: Kasikornbank Public Reported Results for Q2 2024