Kasikorn Bank
Encyclopedia
Kasikornbank Public Company Limited
formerly known as the Thai Farmers Bank (Simplified Chinese: 泰华农民银行, Swift code KASITHBK) was established on 8 June 1945 by Choti Lamsam, with registered capital of Baht 5 million and has been listed on the Stock Exchange of Thailand
(SET) since 1976. The current chairman is Mr Banyong Lamsam
and as of 31 December 2003, the bank is the fourth largest commercial bank
in Thailand as measured by total assets, loans, and deposits. Kasikorn Bank has a registered capital of Baht 26.9 billion and paid up capital of Baht
23.6 billion with total assets of Baht 820.9 billion, total deposits of Baht 685.2 billion and total loans and accrued interest receivables outstanding of Baht 531.6 billion. The bank offers consumer, commercial, and corporate banking services, including lending, deposit-taking, credit card services, international trade financing, custodian services, asset management, and investment banking services.
As of 1 September 2009, Kasikornbank operated 729 branches, 5900+ ATMs, 86 foreign exchange offices and 58 international trade centers throughout Thailand
. The bank branch network extends throughout Thailand’s 76 provinces, as well as internationally with four branches overseas in Hong Kong
, Los Angeles
, Cayman Islands
and Shenzhen
and three representative offices in Beijing
, Shanghai
and Kunming
.
KBank’s Executives
1945 : Luang Naruebetmanit (Sanguan Chudatemiya), Chairman; Choti Lamsam Managing Director
1948 : Chulin Lamsam, Chairman; Kasem Lamsam, Managing Director
1962 : Chulin Lamsam, Chairman; Bancha Lamsam, Managing Director
1965 : Pra Nitikarnprasom (Sagnuan Chaixanien),Chairman; Bancha Lamsam, Managing Director
1976 : Bancha Lamsam, Chairman; Banyong Lamsam, President
1992 : Banyong Lamsam, Chairman; Banthoon Lamsam, President
2004 : Banyong Lamsam, Chairman; Banthoon Lamsam, Chief Executive Officer; Prasarn Trairatvorakul, President
2010-Present : Banyong Lamsam, Chairman; Banthoon Lamsam, Chief Executive Officer; Krisada Lamsam, Business Domain Coordinator; Predee Daochai, Risk Domain Coordinator; Teeranun Srihong, Infrastructure Domain Coordinator; Somkiat Sirichatchai, Resource Domain Coordinator
Public limited company
A public limited company is a limited liability company that sells shares to the public in United Kingdom company law, in the Republic of Ireland and Commonwealth jurisdictions....
formerly known as the Thai Farmers Bank (Simplified Chinese: 泰华农民银行, Swift code KASITHBK) was established on 8 June 1945 by Choti Lamsam, with registered capital of Baht 5 million and has been listed on the Stock Exchange of Thailand
Stock Exchange of Thailand
The Stock Exchange of Thailand is the national stock exchange of Thailand. It is located in Bangkok. As of 31 December 2007, the Stock Exchange of Thailand had 541 listed companies with a combined market capitalization of $280 billion. The indices of the stock exchange are SET Index, SET50 Index...
(SET) since 1976. The current chairman is Mr Banyong Lamsam
Banyong Lamsam
Banyong Lamsam is a senior banker in Thailand. Currently, he is the Chairman of Kasikornbank PLC . He is third son of Choti Lamsam, founder of Kasikornbank. The former Chairman Bancha Lamsam is Banyong's elder brother.-References:...
and as of 31 December 2003, the bank is the fourth largest commercial bank
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
in Thailand as measured by total assets, loans, and deposits. Kasikorn Bank has a registered capital of Baht 26.9 billion and paid up capital of Baht
Thai baht
The baht is the currency of Thailand. It is subdivided into 100 satang . The issuance of currency is the responsibility of the Bank of Thailand.-History:The baht, like the pound, originated from a traditional unit of mass...
23.6 billion with total assets of Baht 820.9 billion, total deposits of Baht 685.2 billion and total loans and accrued interest receivables outstanding of Baht 531.6 billion. The bank offers consumer, commercial, and corporate banking services, including lending, deposit-taking, credit card services, international trade financing, custodian services, asset management, and investment banking services.
As of 1 September 2009, Kasikornbank operated 729 branches, 5900+ ATMs, 86 foreign exchange offices and 58 international trade centers throughout Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
. The bank branch network extends throughout Thailand’s 76 provinces, as well as internationally with four branches overseas in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
, Cayman Islands
Cayman Islands
The Cayman Islands is a British Overseas Territory and overseas territory of the European Union located in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac, and Little Cayman, located south of Cuba and northwest of Jamaica...
and Shenzhen
Shenzhen
Shenzhen is a major city in the south of Southern China's Guangdong Province, situated immediately north of Hong Kong. The area became China's first—and one of the most successful—Special Economic Zones...
and three representative offices in Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
, Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
and Kunming
Kunming
' is the capital and largest city of Yunnan Province in Southwest China. It was known as Yunnan-Fou until the 1920s. A prefecture-level city, it is the political, economic, communications and cultural centre of Yunnan, and is the seat of the provincial government...
.
KBank’s Executives
1945 : Luang Naruebetmanit (Sanguan Chudatemiya), Chairman; Choti Lamsam Managing Director
1948 : Chulin Lamsam, Chairman; Kasem Lamsam, Managing Director
1962 : Chulin Lamsam, Chairman; Bancha Lamsam, Managing Director
1965 : Pra Nitikarnprasom (Sagnuan Chaixanien),Chairman; Bancha Lamsam, Managing Director
1976 : Bancha Lamsam, Chairman; Banyong Lamsam, President
1992 : Banyong Lamsam, Chairman; Banthoon Lamsam, President
2004 : Banyong Lamsam, Chairman; Banthoon Lamsam, Chief Executive Officer; Prasarn Trairatvorakul, President
2010-Present : Banyong Lamsam, Chairman; Banthoon Lamsam, Chief Executive Officer; Krisada Lamsam, Business Domain Coordinator; Predee Daochai, Risk Domain Coordinator; Teeranun Srihong, Infrastructure Domain Coordinator; Somkiat Sirichatchai, Resource Domain Coordinator
External links
- Kasikornbank website (Thai)