The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Thailand

Best bank
Kasikorn Bank Best equities house
Phatra Securities

Best debt house
Deutsche Bank

The change of name from Thai Farmer?s Bank to Kasikorn, or K-bank, was more than just a neat rebranding. The change also meant a shift in attitude and management style. The bank has cleaned itself up after the Asian financial crisis and is now growing fast.

Kasikorn is the third-largest bank in Thailand by assets, loans and deposits. Its roots as an agricultural bank mean that its 496 branch network spans all of Thailand?s 76 provinces. The bank also boasts more than 1,100 ATMs. As a major retail bank, Kasikorn has benefited enormously from the revival of the Thai economy.

Although there is still much progress to be made in the bank, it is already reaping the rewards of its restructuring and the benign economic environment. NPLs, though substantial, have shrunk already. The bank earns a solid net interest margin of about 2.5% and its return on equity is one of the highest in Thailand.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree