Kasikornbank

Kasikornbank (then Thai Farmers Bank) was established on 8 June 1945, with registered capital of five million baht and 21 employees. Its first office is now the Thanon Sua Pa Main Branch. As of 31 December 1945, or at the end of its first accounting period, the bank recorded total deposits of 12 million baht and assets of 15 million baht. • 1945 - Established Thai Farmers Bank(TFB) • 1961 - The Thai Farmers Bank first capital increase to 14 million baht with total assets of around 400 million (behind Bangkok Bank 1,465 million and Siam Commercial Bank 546 million and Bank of Ayudhya 456 million). • 1962 - Ranked ninth largest commercial bank in Thailand with 36 branches nationwide. • 1967 - Opened branches in London, Hamburg, and New York City. • 1973 - Thailand's first bank to offer credit card services, the "Multi-Purpose Credit Card". • 1976 - Listed on the Stock Exchange of Thailand (SET) with registered capital of 300 million baht, total assets of 60 billion baht, and 108 branches. • 1980 - The first bank in Thailand to issue Floating Rate Certificates of Deposit, valued at US$25 million, on the London market. • 1998 - Kasikornbank introduces SLIPS (Stapled Limited Interest Preferred Stock), a new financial vehicle for fundraising. • 2003 - On 8 April, the English name of the bank was changed from Thai Farmers Bank PCL (TFB) to Kasikornbank PCL (KBank) and its official abbreviated name from TFB to KBank. • 2007 - Introduced tri-language logo: Thai, Chinese, English. • 2009 - KBank issued "K-My Debit Card", the first debit card service that allowed customers to personalize their debit cards. • 2010 - Introduced off-hours foreign exchange dealing. • 2012 - The first bank through which Myanmar workers can remit funds to their country; equipped its ATMs with a menu in Burmese. Changed the name of KBank in China to Kāi tài yínháng (开泰银行). • 2013 - Opened a branch in Chengdu, its second branch in China. • 2014 - Full-service locally incorporated bank in Laos. • 2017 - Upgraded entity in China to LII (Locally Incorporated Institution). • 2018 - Issued US$100m worth of green bonds, a landmark achievement in Thailand • 2021 - KBank was granted a license to establish a branch in Ho Chi Minh City on January 19, 2021, and the branch was established in August 2021 ==Financials==