Bangkok Bank Public Company Limited ( th, ธนาคารกรุงเทพ, RTGS: Thanakhan Krung Thep) is one of the largest commercial

bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

s in

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is b ...

. Its branch network includes over 1,165 branches, As of September 2018 within Thailand, with 32 international branches in 15 economies, including wholly owned subsidiaries in Indonesia, Malaysia and China. Bangkok Bank has branches in London and New York to complement its Southeast Asian network.

History

Bangkok Bank was established in 1944 and was listed on the

Stock Exchange of Thailand The Stock Exchange of Thailand ( th, ตลาดหลักทรัพย์แห่งประเทศไทย), or SET, is the only stock exchange in Thailand. Founded on 30 April 1975, it is ASEAN ASEAN ( , ), officially the Asso ...

in 1975. One of Thailand's 3rd class banks, Bangkok Bank has an extensive distribution channel network to serve a variety of customers. Services are provided through physical premises such as branches and business centers, digital banking such as internet banking ("Bualuang iBanking"), mobile banking (Bualuang mBanking), phone banking, 9,300 ATMs, 1,200 CDMs, and other self-service machines. Bangkok Bank currently has the largest overseas branch network of any Thai bank with 32 international branches in 15 economies, including wholly owned subsidiaries in Malaysia and China. The international branch network is concentrated in Southeast Asia, China, Hong Kong, Taiwan and Japan; and the bank also has branches in London and New York. Bangkok Bank is the only Thai bank with a local bank in China with its head office in Shanghai and six branches. The China branches are in Shanghai, Beijing, Shenzhen, Chongqing, Xiamen, and the Shanghai Free Trade Zone. Bangkok Bank has 16 international branches in ASEAN countries which form the ASEAN Economic Community (AEC). Bangkok Bank is the only Thai bank to have a branch in Myanmar where its Yangon Branch opened on 2 June 2015. Bangkok Bank has 1,167 branches in its domestic network, including self-service outlets, covering all 77 provinces in Thailand. The branch network is one of the largest branch networks among Thai banks, second only in size to

Krung Thai Bank Krungthai Bank ( th, ธนาคารกรุงไทย; ), officially Krungthai Bank Public Company Limited, and sometimes known by its initials KTB, is a state-owned bank under license issued by the Ministry of Finance. KTB's Swift code is ...

. In 2018 the bank also had 117 business centers, 126 business desks and 68 trade finance centers. In 2020, Bangkok Bank purchased an 89.12% stake of Indonesia's PermataBank from

Standard Chartered Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 9 ...

and

Astra International Astra International is an Indonesian conglomerate controlled by Jardine Matheson. It is founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT. Astra International Incorporated. It is Southeast Asia's largest independent automotive g ...

for Rp33.66 trillion (US$2.3 billion). The Indonesian branch of Bangkok Bank merged its operations with PermataBank from December 2020, with PermataBank as the surviving entity. Bangkok Bank has a full range of business, investment banking and personal banking services. It is one of the most active global traders of Thai baht and baht-denominated bonds. The bank trades in all major currencies as well as a large number of regional currencies. Other services include same day transactions in import and export bills, inward and outward remittances, swaps, options, and forward contracts trading in the primary and secondary markets for government bonds and corporate debentures. The company's current president is

Chartsiri Sophonpanich Chartsiri Sophonpanich ( th, ชาติศิริ โสภณพนิช, , zh, 陳智深, Teochew: Tâng Tì-tshim; born 12 May 1959) is a Thai banker. He currently serves as President of Bangkok Bank, the largest commercial bank in Tha ...

, the grandson of its founder and former president

Chin Sophonpanich Chin Sophonpanich ( th, ชิน โสภณพนิช; ; 10 November 1910 – 4 January 1988) was a Thai entrepreneur who founded Bangkok Bank and Bangkok Insurance. Biography Chin was born in Wat Sai quarter in Thonburi Province (curre ...

, and the son of former president Chatri Sophonpanich, who is the chairman of Bangkok Bank. The company received a royal warrant of appointment for its services and has had the privilege of displaying the royal

garuda Garuda ( Sanskrit: ; Pāli: ; Vedic Sanskrit: गरुळ Garuḷa) is a Hindu demigod and divine creature mentioned in the Hindu, Buddhist and Jain faiths. He is primarily depicted as the mount (''vahana'') of the Hindu god Vishnu. Garu ...

since 1967. Bangkok Bank's

SWIFT Swift or SWIFT most commonly refers to: * SWIFT, an international organization facilitating transactions between banks ** SWIFT code * Swift (programming language) * Swift (bird), a family of birds It may also refer to: Organizations * SWIFT, ...

code is ''BKKBTHBK''.

Financial performance

For the

fiscal year A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...

ending 31 December 2016 (FY2016), Bangkok Bank had revenues of 140,920 million

baht The baht (; th, บาท, ; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-m ...

, net profit of 31,815 million baht, and total assets of 2,944,230 million baht.

Leadership

Presidents of Bangkok Bank since its founding are: *

Luang Roprukit Luang may refer to: *Luang (title), a Thai noble title *Luang Island, an island in the southwestern part of the Maluku Province, Indonesia *Luang language, a language that is spoken on the islands Luang, Wetang, Moa and Lakor *Luang Prabang L ...

, 1944–1952 *

, 1952–1977 *

Boonchu Rojanastien Boonchu Rojanastien ( th, บุญชู โรจนเสถียร; , Chinese: 黃聞波, Huang Wenbo born January 20, 1921, Chon Buri Province, Thailand, died March 19, 2007, Bangkok)

, 1977–1980 *

Chatri Sophonpanich Chatri Sophonpanich ( th, ชาตรี โสภณพนิช; ; 28 February 1934 – 24 June 2018) was a Thai businessman who served as the chairman of the board of directors of the Bangkok Bank beginning in 1999 and he was also one of the C ...

, 1980–1992 * Vichit Suraphongchai, 1992–1994 *

, 1994–present

Ownership

The shares of the

stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a compan ...

of Bangkok Bank are traded on the

, under the symbol: BBL. , The major shareholding in the bank's stock was a follows:

References

External links

* {{Authority control Banks of Thailand Companies based in Bangkok Thai Royal Warrant holders Thai brands Banks established in 1944 Companies listed on the Stock Exchange of Thailand 1944 establishments in Thailand SET50 Index