|Date joined:||18 March, 2020|
|Initiatives:||Principles for Responsible Banking|
|Reports:||Mar 21 Mar 22|
Overview of KASIKORNBANK
KASIKORNBANK, the fourth largest commercial bank in Thailand, conducts business with the foundation of a Bank of Sustainability, with good corporate governance principles and appropriate risk and cost management. This is done in order to balance three dimensions, namely the economy, society and environment, and to create sustainability for all stakeholders. KBank has been widely recognized for our responsibility towards society and the environment and as a customer centric financial conglomerate that is innovative, proactive and harmoniously combining technology and talent.
Established on June 8, 1945, KBank has been in business for over 70 years, conducting commercial banking business, securities business and other related businesses under the Financial Institution Business Act, Securities and Exchange Act and other related notifications. KBank Head Office is located in Bangkok with 40 subsidiaries, a service network of 886 domestic branches across Thailand and 17 overseas offices in 8 countries, as of December 2019.
Their financial network provides service solutions in response to all financial requirements of customers, with respect to banking, fund management, economic and financial analyses, securities brokerage and financial advisory, as well as auto financing and leasing services. KBank endeavors to deliver excellent experience for our customers.
Summary of sustainability strategy
Since 2014, KBank has implemented the Sustainable Development Policy in three aspects with respect to the economy, society and environment. All units of KBank have adhered to the Sustainable Development Policy in their concrete business operations. Our sustainable development structure serves as the key driver to translate the sustainable development goals into actions of all divisions and to integrate the work plans into common directions for the maximum benefit of all stakeholders.