Bangkok Bank

Bangkok Bank
ธนาคารกรุงเทพ

Type	Public company
Traded as	SET: BBL
Industry	Financials
Founded	1 December 1944 (1944-12-01)
Founder	Chin Sophonpanich
Headquarters	Bang Rak, Bangkok[1], Thailand
Number of locations	1,169 branches 9,211 ATMs [2]
Key people	Chatri Sophonpanich (Chairman) Chartsiri Sophonpanich (President)[3]
Revenue	฿143.24 billion (2015)[4]
Net income	฿34.18 billion (2015)[4]
Total assets	฿2,835.85 billion (2015)[4]
Number of employees	27,142 [2]
Subsidiaries	Bangkok Bank Berhad, Bangkok Bank (China), Bualuang Securities PLC, BBL Asset Management Company
Website	www.bangkokbank.com

Bangkok Bank Public Company Limited (Thai: ธนาคารกรุงเทพ, RTGS: Thanakhan Krung Thep), is one of the largest commercial banks in Thailand. Its branch network includes over 1,200 branches within Thailand, with 32 international branches in 15 economies, including wholly owned subsidiaries in Malaysia and China.^[5][6] Bangkok Bank has branches in London and New York to complement its extensive network in Southeast Asia.

History

Entrance to Bangkok Bank branch, with the garuda symbolising the royal warrant

Bangkok Bank was established in 1944 and was listed on the Stock Exchange of Thailand in 1975.

One of Thailand’s largest banks, Bangkok Bank has an extensive distribution channel network to serve a variety of customers. Services are provided through physical premises such as branches and business centers, digital banking such as internet banking (Bualuang iBanking), mobile banking (Bualuang mBanking), phone banking, ATMs and other self-service machines.

Bangkok Bank currently has the largest overseas branch network of any Thai bank with 32 international branches in 15 economies, including wholly owned subsidiaries in Malaysia and China. The international branch network is concentrated in Southeast Asia, China, Hong Kong, Taiwan and Japan; and the bank also has branches in London and New York. Bangkok Bank is the only Thai bank with a local bank in China with its head office in Shanghai and six branches. The China branches are in Shanghai, Beijing, Shenzhen, Chongqing, Xiamen, and the Shanghai Free Trade Zone. Bangkok Bank has 16 international branches in ASEAN countries which form the ASEAN Economic Community (AEC). Bangkok Bank is the only Thai bank to have a branch in Myanmar where its Yangon Branch opened on 2 June 2015.^[7]

As of December 31, 2015 Bangkok Bank had over 1,200 branches in its domestic network, including self-service outlets, covering all 77 provinces in Thailand. The branch network is one of the largest branch networks among Thai banks. In 2015 the bank also had 112 business centers, 129 business desks and 68 trade finance centers.

Bangkok Bank has a full range of business, investment banking and personal banking services. It is one of the most active global traders of Thai baht and baht-denominated bonds. The bank trades in all major currencies as well as a large number of regional currencies. Other services include same day transactions in import and export bills, inward and outward remittances, swaps, options, and forward contracts trading in the primary and secondary markets for government bonds and corporate debentures.

The company's current president is Chartsiri Sophonpanich, the grandson of its founder and former president Chin Sophonpanich, and the son of former president Chatri Sophonpanich, who is the chairman of Bangkok Bank.

The company received a royal warrant of appointment for its services and has had the privilege of displaying the royal garuda since 1967.^[8]

Bangkok Bank's SWIFT code is BKKBTHBK.

Leadership

Presidents of Bangkok Bank since its founding are:

• Luang Roprukit, 1944–1952
• Chin Sophonpanich, 1952–1977
• Boonchu Rojanastien, 1977–1980
• Chatri Sophonpanich, 1980–1992
• Vichit Suraphongchai, 1992–1994
• Chartsiri Sophonpanich, 1994–present

External links

Media related to Bangkok Bank at Wikimedia Commons

References

Banking in Thailand
Central bank	Bank of Thailand
State Bank Group	Krung Thai Bank SME Bank of Thailand Islamic Bank of Thailand Bank for Agriculture and Agricultural Co-operatives Export–Import Bank of Thailand Government Savings Bank Government Housing Bank
Private banks	Bangkok Bank Bank of Ayudhya Kasikornbank Kiatnakin Bank GE Money Bank CIMB Thai Bank ICBC Thai TMB Bank Tisco Bank Siam Commercial Bank Thai Credit Bank Thanachart Bank Siam City Bank UOB Bank Land & Houses Bank Standard Chartered Bank
Foreign banks	ABN AMRO Bank of Tokyo Mitsubishi UFJ Citibank Thailand HSBC ANA Bank RHB Bank Bank of China Deutsche Bank AG Mega International Commercial Bank