Bangkok Bank Public Company Limited is one of the largest commercial banks in Thailand. Its branch network includes over 1,165 branches, As of September 2018 within Thailand, with 32 international branches in 15 economies, including wholly owned subsidiaries in Indonesia, Malaysia and China. Bangkok Bank has branches in London and New York to complement its Southeast Asian network.
History
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, mobile banking, phone banking, 9,300 ATMs, 1,200 CDMs, 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. Bangkok Bank is the only Thai bank to have a branch in Myanmar where its Yangon Branch opened on 2 June 2015. Bangkok Bank has 1,167 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, second only in size to Krung Thai Bank. In 2018 the bank also had 117 business centers, 126 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. Bangkok Bank's SWIFT code is BKKBTHBK.
Financial performance
For the fiscal year ending 31 December 2016, Bangkok Bank had revenues of 140,920 million baht, net profit of 31,815 million baht, and total assets of 2,944,230 million baht.
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
Major Shareholder
Major shareholders as of 6 February 2020: 1. THAI NVDR COMPANY LIMITED, 29.70% 2. SOUTH EAST ASIA UK NOMINEES LIMITED, 4.16% 3. SOCIAL SECURITY OFFICE, 3.15% 4. THAILAND SECURITIES DEPOSITORY, 2.29% 5. UOB KAY HIAN LIMITED - Client Account, 2.03%