KASIKORNBANK
KASIKORNBANK, or KBank, is a banking group based in Thailand. It was established on June 8, 1945 with only 21 employees. As of June 2022, it has over 18,835 employees with 833 branches in total, and total assets of over US$124.3b, with a 16.3% market share in Thailand compared with 17 other commercial banks.
See below for the Latest KASIKORNBANK News, Analysis, Profit Results, Share Price Information, and Commentary.
Thailand’s Kasikorn Bank expects credit costs to normalize in 2025
The bank says that it will end its loan portfolio clean up this year.
Thailand’s Kasikorn Bank expects credit costs to normalize in 2025
The bank says that it will end its loan portfolio clean up this year.
Six Thai banks to sustain improved earnings through 2026: Fitch
They are well-positioned to face risks after years of excessive provisioning.
Manufacturing, household spending weigh on KBank’s Q2 net profits
Net profit for the quarter is 6.18% lower than in Q1.
Kasikornbank increases stake in Indonesia’s Bank Maspion to 84.55%
The Thai bank is injecting an additional US$226m in Bank Maspion.
Thailand’s KBank has issued U$546m in sustainable financing
It shared plans to replace its cards with EVs or shift to using biofuel.
Southeast Asian banks’ well-placed to ride fintech’s digital disruption: Moody’s
Supportive regulation, digital investments, and fintechs slowing growth will play to banks’ favor.
Thailand’s KBank eyes to be amongst Vietnam, Indonesia’s top banks
The bank aims to increase its international business income to 4% of its total net income.
KBank named in Dow Jones Sustainability Indices for 7th straight year
KBank has also earned CDP A List from the Carbon Disclosure Project.
Thailand's KBank targets 5-7% loan growth in 2023
Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
KASIKORNBANK buys controlling stake at Bank Maspion for $186.5m
It now owns 67.5% of the Indonesian bank.
Thailand’s KBank earmarks $5.53b for sustainable funding, loans
The bank says it will grant the funding and loans to 1.9 million small pocket customers.
Thai banks face shrinking margins, ballooning costs amidst economic woes: analyst
Thailand can’t rely on tourism to buoy reserves.
KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch
Thai banks are on an expansion spree overseas amidst weak chances domestically.
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