Established in 1944, Bangkok Bank is one of the largest regional banks in Southeast Asia with total assets of approximately 2,944,230 Million Baht. Bangkok Bank is Thailand's market leader in corporate and SME banking with the country's largest retail customer base. It has 17 million accounts including business and retail customers, approximately 240 business centers and business desks, a nationwide network of more than 1,200 branches (including self-service outlets), phone banking, and a convenient easy-to-use bilingual internet and mobile banking platform that enables customers to do fast, round-the-clock banking.
Bangkok Bank has the largest overseas branch network of any Thai bank and is the only Thai bank with a substantial presence in China, with branches in Beijing, Chongqing, Shanghai, Shanghai Free-trade Zone, Shenzhen and Xiamen.
The bank's overseas branch network spans 15 economies, namely Cambodia, Cayman Islands, China, Hong Kong, Indonesia, Japan, Laos, Malaysia, Myanmar, Philippines, Singapore, Taiwan, United Kingdom, United States and Vietnam. Altogether the bank has 32 overseas branches and two wholly-owned subsidiaries, Bangkok Bank Berhad (BBB) and Bangkok Bank (China) Company Limited (BBC).
Bangkok Bank offers full commercial banking services, including arranging syndicated loans, debt securities underwriting, trade finance, project finance, custodial services, SME and merchant services and specialist industry advice.
The bank's ongoing market leadership is due to its philosophy of developing a long-term supportive partnership with its customers. The complementary synergies between its corporate banking, investment banking, international banking, business and personal banking services enable the bank to offer personal and focused service as well as an impressive breadth and depth of services. Subsidiaries such as Bualuang Asset Management and Bualuang Securities PCL also enable the bank to develop investment opportunities which are available exclusively to Bangkok Bank customers.
Bangkok Bank's key competitive strengths continue to be its customer base - the largest in Thailand, its enduring customer relationships and unrivaled regional branch network.
In the year to come, the bank will be building further on these strengths, while at the same time working to further improve the efficiency of operations and the quality of customer service.
The bank plans to further expand its regional presence and international services to support Thai companies with international business as well as foreign companies investing in Thailand. Domestically, the bank will build on the synergies between its strategic business units and subsidiaries to expand the range of services it provides to customers and further strengthen its base of fee income.
While the bank has established guidelines for managing risk in each area of its business to ensure that it has effective risk management mechanisms in place. Further adoption of Basel III and IAS/IFRS requirements will underpin these systems, helping achieve international standards and enhancing internal operational efficiency.