Bangkok Bank (Thai : ธนาคารกรุงเทพ, English: Bangkok Bank) Is A Commercial Bank In Thailand. It Is The Largest Bank In Thailand And The Seventh Largest Bank In South East Asia. The Head Office Is Located In Bangkok, The Capital, With 1,165 Branches In China And 32 Overseas Branches In Asia, The United States And The United Kingdom.
History Bangkok Is The Headquarters Of Longlu. It Can Be Seen That The History Of Bangkok Bank, Which Symbolizes The Royal Family Certification, Can Be Traced Back To World War II. During This Period, There Was No War In Thailand. Coupled With The Rich Natural Resources, Thailand's Export Trade Was Promoted, And The Domestic Economy Was Trending Positive. In 1942, Thailand Became An Ally Of Japan, And Then Declared War On The Allies. The Thai Government Confiscated The Property Of The People Of The Enemy Allies In Thailand, Including The Foreign Banks Established By The Allies. At That Time, Except For The Japanese Banks That Continued To Operate, All Foreign Banks Had Ceased To Operate.
In 1944, The Pacific War Was Coming To An End. After That, Chen Bichen And Three Other Chinese Businesspeople Intended To Establish A Domestically Registered Bank, Named After Bangkok, The Capital Of Thailand, But Written In Chinese As "Bangkok Bank". In July Of The Same Year, Bangkok Bank Applied For Registration With The Ministry Of Commerce Of The Thai Government, With A Registered Capital Of 4 Million Baht, Divided Into 40,000 Shares And 100 Baht Per Share. In November, It Applied To The Ministry Of Finance For Approval To Operate Commercial Banking Business. On December 1, Bangkok Bank Obtained A Commercial Banking Business License And Opened In The Company Corridor Road Of Chinese Street. In 1945, At The End Of World War II, Japan Announced Its Surrender, The Thai Government Restructured, And Restored The Confiscated Assets Of Foreign Banks In Thailand. It Resumed Business One After Another From The End Of 1945 To The Beginning Of 1946, Which Made Domestic Registered Thai Banks Face Competition. However, Bangkok Bank Has A Good Business Strategy And High-quality Service, So Its Business Has Been Considerable After Opening, And Its Customers Have Also Increased.
In 1952, Bangkok Bank's Total Assets Had Reached 100 Million Baht, Which Increased To 880 Million Baht By The End Of 1960. In The Same Year, Bangkok Bank Had More Than 800 Staff And 19 Domestic Branches. It Also Had 6 Overseas Branches, Including Two Branches In Hong Kong (located On Nathan Road And Central), One Each In Singapore, London, Kuala Lumpur And Tokyo. In 1965, Branches Were Established In Taipei, Taichung And Kaohsiung In Taiwan. In 1967, It Was Awarded The Royal Thai Certification. In 1975, It Was Listed On The Thailand Stock Exchange. In 1976, The Number Of Overseas Branches Increased To 14.
As Of April 2018, Bangkok Bank Has A Total Of 1,167 Branches In Thailand, Including Self-service Outlets, Covering All 77 Provinces In Thailand.
On December 12, 2019, Bangkok Bank Announced That It Will Acquire 44.56% Of Indonesia Permata Bank From Standard Chartered Group And PT Astra International Tbk For 37 Trillion Indonesian Rupiah (US $2.60 Billion), For A Total Of 89.12%. Its Indonesian Business Has Also Been Merged With Permata Bank.
