Retail Asia01/12/2022
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The target of creating a better credit environment for SMEs is KBank’s strategy upon entering the Vietnamese market.
Tag: kasikorn
Retail Asia01/12/2022Retail Asia19/11/2020
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Lu International, a Singapore-based subsidiary of leading Chinese retail fintech Lufax, is expanding its reach in the region via a strategic partnership with Kasikornbank. The FinVest digital investment platform aims to cater to the growing market of retail investors in Thailand by providing access to a full spectrum of onshore and offshore investment products with low minimum […]
Retail Asia17/11/20206min0
As we pass the halfway point of 2020, the world today looks very different from when we started the year. The impact of the COVID-19 pandemic has affected more than our health, as our daily habits have changed, and how we use goods and services has transformed. We do more online than ever before, buying […]
Retail Asia01/09/20205min0
Murex, the global leader in trading, risk and processing solutions for capital markets, powered an overnight indexed swap derivatives transaction for KBank based on THOR, the new Thai reference rate. KBank successfully completed the first such transaction referencing THOR on August 31. The interest rate swap transaction based on THOR represents a critical inaugural step—it […]
Retail Asia24/06/20205min0
KBank has established KASIKORN Vision Information Technology Co., Ltd. It is a fintech company wholly owned by KASIKORN Vision Co., Ltd. (KVision) with registered capital of RMB 300 million. It is the first fintech company to be set up by a foreign bank in Shenzhen this year. The company’s main business will involve the design, […]
Retail Asia12/04/20193min0
KResearch held a panel discussion on “Measuring the Thai Economic Temperature after Election” on Tuesday April 2, 2019. According to KResearch poll conducted among members of the general public and the business sector before and after the election, it was found that the election has given a boost to confidence. Nevertheless, close attention should be paid […]
Retail Asia25/03/2019
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Singtel‘s cross-border mobile payments alliance VIA has expanded into Japan through a partnership with Tokyo-bassed mobile payment technology NETSTARS. The addition of NETSTARS to the alliance will add 100,000 stores to the network’s current 1.6 million merchant partners in Asia. With the agreement, users of mobile wallets supported by VIA, including Singtel’s Dash and AIS Global […]
Retail Asia13/03/20196min0
Thailand’s fourth-largest bank by assets – by loans and deposits it also ranks fourth – has set some eye-catching targets. Take its K-Plus mobile banking offering. Already K-Plus has 10 million customers; that in itself is an already impressive number, given that Kasikornbank has around 14 million customers in total. And it represents impressive annual […]
Retail Asia26/09/20184min0
Visa’s blockchain-based B2B Connect project is gaining steam, with Thailand’s fourth-largest bank, Kasikornbank, joining the fold. The bank will be the first Thailand bank to use the technology, joining other well-respected financial institutions such as the U.S. Commerce Bank, Shinhan Bank in South Korea, the Union Bank of Philippines, and the United Overseas Bank in […]
Retail Asia26/09/2018
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Kasikornbank (KBank) and Thailand Post, a state-owned enterprise, yesterday sealed a business deal that saw one of the country’s biggest banks appoint the postal operator as a banking agent. KBank became the first of the large banks to enter such an arrangement with Thailand Post. “We aim to service 250,000 online vendors across the country […]
Retail Asia14/05/2018
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Com7 has teamed with Kasikornbank (KBank) to expand the BaNana store chain, enabling younger consumers to access IT products and services more conveniently. Their first joint BaNana pilot branch was in Yasothon, and the two companies plan to have 20 more mini-branches by year’s end offering more diverse retail business and comprehensive financial services in […]
Retail Asia28/02/20186min0
Kasikorn Bank (KBank) teams up with Kanbawza Bank (KBZ Bank), Myanmar’s largest bank, to implement a staff exchange program of Mae Sot-Myawaddy, aimed at boosting Thailand-Myanmar border businesses. Focus is made on import-export settlements via banking system and promotion of cross-border funds transfer via Mae Sot Border Trade Business Center, which is aimed to increase to […]
Retail Asia03/01/20185min
The age of digital transformation is dawning on Thailand’s economy and society as evidenced by crucial developments in banking, retail and other sectors. The Bank of Thailand reported that commercial banks had shut down nearly 300 bank branches in the country in 2017 as customers moved towards Internet and mobile banking services, ushering in a […]
Retail Asia08/12/2017
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Thailand’s Kasikorn Bank is setting up its China headquarters in Shenzhen, southern Guangdong province, to further strengthen its presence in the country and seize growing business opportunities brought about by the Belt and Road Initiative. The China headquarters is an important step for Kasikorn Bank to expand its business in the Chinese market, said Banthoon […]
Retail Asia26/05/2017
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Vietnam’s government investment arm SCIC, the state investor in the country’s biggest firm Vinamilk, has inked a deal with Thai Kasikorn Bank to unlock more investment opportunities in Vietnam. SCIC, or the State Capital Investment Corporation, said the collaboration will help woo foreign investors into the country as well as improve its investment climate through […]
Retail Asia20/03/2017
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Mr. Nuntawat Chotvijit (second right), Director of Marketing, AEON Thana Sinsap (Thailand) Public Company Limited, together with Ms. Supaneewan Chutrakul (second left), First Senior Vice President of Kasikorn Bank recently launched the “Cashing @ K-ATM with AEON Your Cash Card get a special chance to win smartphone prize” campaign. The campaign, which runs until April […]
Retail Asia09/02/20174min
Kasikornbank (KBank), one of the largest banks in Thailand, officially unveiled its first branch in Phnom Penh with the aim of offering financial services to local businesses as well as corporate and retail customers. KBank entered the Cambodian financial market in November and initially, the branch’s objective was to facilitate Thai businesses in Cambodia in […]
Retail Asia18/01/2017
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Kasikorn Bank says it is working to fix the complete outage of its services Friday before New Year, which comes just before a bank holiday. On a day many say they need access to their money the most, K-Bank’s ATMs as well as online and mobile banking systems have been offline since Friday morning and […]
Retail Asia06/12/20162min0
Thailand’s Kasikornbank said on Tuesday (29/11) it plans to open a second branch in Laos and upgrade the status of its local bank in China in 2017 as part of a regional expansion. With assets of $68 billion, Thailand’s fourth-largest lender by assets is looking to open branches in Vietnam, Indonesia and Myanmar by 2018, […]
Retail Asia29/11/20162min0
Thailand’s Kasikornbank Pcl has joined with the Thai unit of International Business Machines Corp to develop blockchain services in a bid to save costs and speed up transaction process, the companies said on Thursday. Kasikornbank will be the first Thai bank to apply the blockchain technology and aims to start the services in the first […]