List of banks in Thailand
In Thailand, the banks are governed by the Bank of Thailand, which was established in 1942. Across Thailand, there is thirty licensed banks that are registered with a further six being state-owned. In total they have a combined assets of 26.268 trillion baht (~ US$835.25 Billion) as of June 2019.[1]
State-owned banks
- Government Savings Bank
- GH Bank[2]
- Bank for Agriculture and Agricultural Co-operatives (BAAC)
- Export–Import Bank of Thailand
- Islamic Bank of Thailand
- SME Development Bank of Thailand[3]
Thai commercial and retail banks
Commercial banks
Name | Total Assets (M baht) | Total Assets (B US$) |
---|---|---|
Siam Commercial Bank | 3,187,340 (2018)[4] | |
Kasikornbank | 3,155,091 (2018)[5] | |
Bangkok Bank | 3,116,750 (2018)[6] | |
Krung Thai Bank | 2,739,203 (2018)[7] | |
Government Savings Bank | 2,704,340 (2018)[8] | |
Bank of Ayudhya (Krungsri) | 2,173,622 (2018)[9] | |
Thanachart Bank (49% owned by Scotiabank) | 1,060,929 (2018)[10] | |
TMB Bank (25% owned by ING; 7% DBS; 25.9% Thai Ministry of Finance; 2% Thai military)[11] | 891,713 (2018)[12] | |
Kiatnakin Bank | 306,330 (2018)[13] | |
CIMB (Thai) (incorporated and licensed as a bank in Thailand, a subsidiary of CIMB of Malaysia) | 8.2 (2016)[14] | |
Standard Chartered Bank (Thai) (incorporated and licensed as bank in Thailand, a subsidiary of Standard Chartered Bank of the UK) | 6.1 (2016)[14] | |
United Overseas Bank (Thai) (incorporated and licensed as bank in Thailand, a subsidiary of UOB of Singapore) | 17[15] | |
TISCO Bank | 3.4 | |
Industrial and Commercial Bank of China (Thai) (incorporated and licensed in Thailand and is a subsidiary of ICBC of China) | 2.1 | |
Mega ICB Thailand branch (subsidiary of Mega ICB of Taiwan) | 0.4 | |
Retail banks
Rank | Name | Total Assets |
---|---|---|
1 | Thai Credit Retail Bank[16] | US$1.84 Billion |
Foreign banks with Bangkok branch
Ranked by total assets as of 31 Dec 2006
Rank | Name | Total Assets |
---|---|---|
1 | The Bank of Tokyo-Mitsubishi (Japan) | US$7.3 billion |
2 | Citibank (US) | US$5.7 billion |
3 | Sumitomo Mitsui (Japan) | US$5.6 billion |
4 | Mizuho (Japan) | US$4.4 billion |
5 | HSBC | US$3.7 billion |
6 | Others | US$3.8 billion |
Total | US$36.1 billion |
Foreign banks (European)
- ABN AMRO Bank N.V.[17]
- BNP Paribas[18]
- Deutsche Bank[19]
- HSBC[20]
Foreign banks (Asian)
- Bank of China Ltd.
- The Bank of Tokyo-Mitsubishi UFJ, Ltd.
- Indian Overseas Bank
- Mizuho Corporate Bank, Ltd.
- Oversea-Chinese Banking Corporation
- RHB Bank Berhad
- Sumitomo Mitsui Banking Corporation
Foreign banks (North American)
- Bank of America Merrill Lynch[21]
- Citibank Thailand[22]
- JP Morgan Chase[23]
- Scotiabank (Bank of Nova Scotia) - through subsidiary Thanachart Bank
Representative offices in Thailand
- American Express Bank
- The Asahi Bank Ltd.
- Australia and New Zealand Banking Group
- Bank of Baroda
- Bank of New York
- Bayerische Landesbank
- Cathay United Bank
- Chinatrust Commercial Bank Ltd (Taiwan)
- Commerzbank AG
- Credit Industriel et Commercial (CIC)
- Credit Suisse
- Daiwa Bank
- The Development Bank of Singapore Ltd (DBS)
- EFG International
- First Commercial Bank (Taiwan)
- German Investment Corporation (DEG)
- Hachijuni Bank Ltd.
- ICICI Bank Ltd.
- ING Bank NV
- Intesa Sanpaolo S.p.A.
- Japan Bank for International Cooperation
- Merrill Lynch International Bank Limited
- Natexis Banque Populaire
- Rabobank Nederland
- Resona Bank, Ltd.
- Sanpaolo IMI S.p.A.
- UBS AG
- Union Bank of California, N.A.
- Wells Fargo Bank, N.A.
- Westdeutsche Landesbank Girozentrale
- Westpac Banking Corporation
- The World Bank Thailand
- The Yamaguchi Bank Ltd
Bank holidays
The Bank of Thailand (BOT) maintains the official list of banking holidays in Thailand.[24]
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See also
References
- "Thailand Commercial Banks' Total Balance Sheet".
- "GH Bank has high-income earners in sight". Bangkok Post. 21 August 2019. Retrieved 21 August 2019.
- "Fitch Affirms Ratings on Six Policy Banks in Thailand". Fitch Ratings Thailand. 2014-12-01. Archived from the original on 20 September 2016. Retrieved 31 December 2015.
- "SCB: THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET).
- "KBANK: KASIKORNBANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
- "BBL: BANGKOK BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
- "KTB: KRUNG THAI BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
- "GSB Annual Report 2018". Government Savings Bank (GSB). p. 22. Retrieved 17 December 2019.
- "BAY: BANK OF AYUDHYA PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
- "TCAP: THANACHART CAPITAL PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
- Chantanusornsiri, Wichit (4 July 2019). "TMB-TBank marriage creeps a step closer". Bangkok Post. Retrieved 4 July 2019.
- "TMB: TMB BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
- "KKP: KIATNAKIN BANK PUBLIC COMPANY LIMITED". Stock Exchange of Thailand (SET). Retrieved 17 December 2019.
- "Top 10 Banks in Thailand ranked by total assets (December 2016)". Banks Daily. Retrieved 6 June 2018.
- "UOB (Thai) Annual Report 2018" (PDF). UOB Group. February 2019.
- Banchongduang, Somruedi (March 2020). "TCRB sees drop in bad loans". Bangkok Post. Retrieved 29 July 2019.
- "ABN AMRO Thailand". Bank Thailand Information Services. Retrieved 1 January 2016.
- "BNP Paribas in Thailand". Bank Thailand Information Services. Retrieved 1 January 2016.
- "Deutsche Bank in Thailand". Deutsche Bank. Retrieved 1 January 2016.
- "HSBC Bank". Bank Thailand Information Services. Retrieved 1 January 2016.
- "Thailand". Bank of America Merrill Lynch. Retrieved 1 January 2016.
- "Citibank Thailand". Citi. Retrieved 5 January 2018.
- "Thailand". J.P. Morgan. Retrieved 1 January 2016.
- "Financial institutions' Holidays for B.E. 2561 (2018)". Bank of Thailand. Retrieved 30 December 2016.
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