Krungthai Bank (Thai ：ธนาคารกรุงไทย， English: Krungthai Bank) is a state-owned commercial bank in Thailand, established in 1966 and headquartered in Wantana County, Bangkok. The largest shareholder is the Ministry of Finance of Thailand, which holds 6184 billion shares through the Financial Institutions Group Development Fund, accounting for 55.31%.

Krungthai Bank is also a financial support channel for Thai government projects, providing loans to relevant execution enterprises to support the development plans of the Thai government. Thai government entities also mostly receive and pay through Thai Capital Bank accounts.

History

The Bank of Thailand was founded on March 14, 1966 by the merger of two state-owned banks, Plant Industry Bank （ธนาคารเกษตร Thanakhan Kaset) and Terra Firma （ธนาคารมณฑลและกรุงไทย Thanakhan Monthon Lae Krungthai). Its emblem is a Kaling Pinja bird （ปักษาวายุภักษ์）， is the legendary chanting half-human bird in Buddhist scriptures, and is also the symbol of the Thai Ministry of Finance.

On August 2, 1989, the Bank of Thailand was listed on the Thai Stock Exchange and was the first Thai state-owned company to list.

In 2016, Global Finance Magazine named the Bank of Thailand's Best Trade Finance Provider of the Year. The award, which looks at transaction volume, global reach, Client Server, competitive pricing, and innovative technology, is awarded based on input from industry analysts, corporate executives, and technology experts.

As of February 2017, Bank of Thailand has 1,210 branches in the country, making it the bank with the largest number of branches in Thailand.

In January 2018, the digital wallet application "Paotang" (Thai ：เป๋าตัง）， supports mobile payments and receives payments for government projects. Bank of Thailand plans to launch a "Paotang" -based digital lending service in 2023.

Overseas Branches

Thai King Bank has branches and sub-branches in Phnom Penh and Siem Reap, Cambodia, Vientiane, Laos, Mumbai, India, and wholesale banking branches in Kunming, China, Los Angeles, and Singapore