Photo Release: Bangkok Bank receives Money Banking Award 2018 win in Bank of the Year and Best Booth Design Awards in Money Expo

Stocks and Financial Services Press Releases Thursday July 12, 2018 11:24
Bangkok--12 Jul--Bangkok Bank

Bangkok Bank President Chartsiri Sophonpanich led a team of management and employees to receive Money & Banking Awards 2018 in "Bank of the Year 2018", this is the 8th win in 10 years, beginning in 2009, additionally Bangkok Bank received the Best Booth Design Award in Money Expo 2018 in the large space category which was presented by Deputy Prime Minister Dr. Somkid Jatusripitak and Mr.Santi Wiriyarangsarit, Chair of the event. Bangkok Bank has been honored by Money and Banking magazine to its outstanding performance and profit growth. The Bank's net profit in 2017 was the third-highest among Thai banks at Baht 33.0 billion, representing the highest net profit of Baht 17.29 per share and the highest level of assets of Baht 3,076.3 billion. In addition to its high profitability, Bangkok Bank takes a prudential and steady approach in allocating reserves for doubtful accounts, and its total loan loss reserves in 2017 amounted to Baht 137.7 billion, or 6.87% percent of total loans, which was also the highest amount among Thai banks. According to the Bank for International Standards (BIS), Bangkok Bank has a total capital adequacy ratio of 18.17 percent, comprising Tier-1 capital of 16.63 percent and Tier-2 capital of 1.54 percent. The Bank stays close to all its customers to anticipate their needs and provide them with appropriate advice and support, so they can adapt to changing circumstances. In 2018 the Bank is putting its key focus on inspiring success, innovation leadership and inter-connection.


Latest Press Release

Photo Release: Bangkok Bank offers discounts up to 25% on registration fee for Bangkok Bank CycleFest 2018

Bangkok Bank invite all cyclists to join 'Bangkok Bank CycleFest 2018' under the concept of "Ride for All" on November 24 – 25, 2018 at Siam Country Club, Pattaya, Chonburi. Bangkok Bank as a main sponsor offers privileges for riders who register...

Bangkok#s first-ever Action Learning Conference to be co-hosted by MIT Sloan and Sasin School of Management on July 25

Distinguished corporate and academic speakers from Thailand, the United States and around the world slated to present impactful methods for leaders on driving change How do today's leaders drive real change in their organizations? In an era of "always...

Photo Release: Marine Department promotes QR Code payment service of KBank and Chao Phraya Express Boat

Recently, at Shangri-la Hotel, Mr. Patchara Samalapa, right, President of KASIKORNBANK, Mr. Chirute Visalachitra, left, Director General Marine Department, and Ms. Supapan Pichaironarongsongkram, middle, Chairperson of Chao Phraya Express Boat Company...

Marine Department promotes QR code payment service of KBank and Chao Phraya Express Boat at 3 main piers, targeting payment growth to 30% of total users

The Marine Department green-lighted QR code payment for boat tickets. This new facility provided by KASIKORNBANK (KBank) and Chao Phraya Express Boat Co., Ltd. has been introduced at three most used piers, namely Nonthaburi, Prannok and Sathorn, with the...

Photo Release: Apply for an SCB Home Loan and get 10,000 SCB Rewards Points for every 1 million baht approved

Siam Commercial Bank (SCB) First Senior Vice President and Head of Mortgage Business Development Sakkawat Itthisawad introduces an "Every 1 million baht of SCB Home Loan gets 10,000 SCB Rewards Points" campaign. When clients apply for an SCB Home Loan...

Related Topics