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Kiatnakin Phatra Bank

From Wikipedia, the free encyclopedia
Kiatnakin Phatra Bank
Native name
ธนาคารเกียรตินาคินภัทร
Company typePublic
SETKKP
IndustryBanking, Financial services
FoundedThailand (January 6, 1971 (1971-01-06))
Headquarters,
Thailand
Websitekiatnakin.co.th

Kiatnakin Phatra Bank (Thai: ธนาคารเกียรตินาคินภัทร) is a full-service bank based in Thailand. The bank was founded in January 1971[1] in Bangkok with 17,000 million baht in funds, and has grown to 52 branches. It was listed on the Stock Exchange of Thailand in August 1988[1] and is included in the SET50 Index. The company headquarters is in Bangkok.[2]

History

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Kiatnakin was founded in 1971 as a financial services company, and grew steadily until the recession of the late-1990s forced a suspension of operations. In 2005 the bank, which at the time had 22 financial service branches, applied for and received a commercial banking license.[3]

In December 2011, Kiatnakin Bank and Phatra Capital amalgamated to form a new organization with a $1 billion valuation.[4]

Subsidiaries

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Kiatnakin Securities is a subsidiary company of the bank, and in 2008 the company established a new wholly owned subsidiary, Erawan Law Office.[5]

See also

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References

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  1. ^ a b "Company Summary: KKP KIATNAKIN BANK PUBLIC COMPANY LIMITED". The Stock Exchange of Thailand (SET). Retrieved 8 June 2016.
  2. ^ Kiatnakin Bank, About us
  3. ^ Kiatnakin Bank, About us, Brief History
  4. ^ The Report: Thailand 2012. Oxford Business Group. 2011. ISBN 978-1-907065-63-7.
  5. ^ Google finance, Kiatnakin Bank[dead link]
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