Kiatnakin Bank
Encyclopedia
Kiatnakin Bank is a full-service bank based in Thailand. The bank was founded in 2005 in Bangkok with 17,000 million baht in funds, and has grown to 52 branches
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution offers a wide array of face-to-face and automated services to its customers....

 and is 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...

's SET50 Index. The company headquarters are located in Bangkok
Bangkok
Bangkok is the capital and largest urban area city in Thailand. It is known in Thai as Krung Thep Maha Nakhon or simply Krung Thep , meaning "city of angels." The full name of Bangkok is Krung Thep Mahanakhon Amon Rattanakosin Mahintharayutthaya Mahadilok Phop Noppharat Ratchathani Burirom...

.

History

Kiatnakin was originally founded in 1971 as a financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...

 company, and grew steadily until the recession of the late 1990s forced a suspension of operations. In 2005 the bank, which at the time had 22 financial services branches, applied for and received a commercial banking license
Banking license
Under most jurisdictions, a banking license is a prerequisite for a financial institution that wants to provide banking services, such as taking deposits from the general public....

.

Subsidiaries

Kiatnakin Securities is a subsidiary company of the bank, and in 2008 the company established a new wholly owned subsidiary, Erawan Law Office.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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