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K Bank history
K Bank company history timeline
1973 – Thailand’s first bank to offer credit card services, under the so-called “Multi-Purpose Credit Card”
1980 – The first bank in Thailand to issue Floating Rate Certificates of Deposit, valued at USD 25 million, in the London market
During the year 1993 the Bank made tie up with Reuter News Agency for instantaneous information about global foreign currency rates and fluctuations.
1993 – The first to employ the re-engineering system – the impetus for the redesign of branches and service delivery among Thai commercial banks
In the year of 1995 Banking Ombudsman Scheme was launched in June and a loan delivery system was introduced in April which was used for large borrowers.
During the year of 1998 J & K had introduced a new term deposit scheme under the title of Jana Priya Jamma Yojna carrying flexibility in the repayment schedule and in the same year the bank introduced Housing Loan and Education Loan Schemes.
1998 – KBank pioneered the use of SLIPS (Stapled Limited Interest Preferred Stock), a new financial vehicle for fundraising, which was later used by other banks
The Bank had entered into an agreement with IBA to connect its ATMs through a shared network in the year 1999.
The Bank had launched Global Access Card (An International Debit Card) in association with Master Card International during the year of 2003.
2003 – Change the name from Thai Farmers Bank (TFB) to KASIKORNBANK (KBank). A new branch model of “Coffee Banking” was introduced by KBank, the first of its kind in Asia
During the year 2005-06 J&K opened its branches in Chennai Kanpur Agra and Kolkata.
2006 – Partner Bank Strategy with Regional Japanese Banks, by signing agreement with regional and local banks in AEC Plus to reciprocate market knowledge, support and services for the customers from both banks.
2007 – Change the logo into tri-language logo (Thai, Chinese and English).
2009 – KBank issued “K-My Debit Card”, which is Thailand’s first debit card service that allows customers to personalize their own debit cards.
2010 – The first Thai bank with “Off-hour FX dealing” providing an extended service hours for currency exchange and treasury from 5 p.m. to 11 p.m.
2012 – The first bank through which Myanmar workers can remit funds to their country and equipped its ATMs with menu in Myanmar.
Change the name of KBank in China to Kāi tài yínháng (开泰银行). 2013 – Open a branch in Chengdu, the second branch in China”
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During the financial year FY19-20 3 EBUs/USBs were established 66 ATMs were commissioned thereby taking the number of ATMs to 1354 as on 31.03.2020.
KBank was granted a license to open a branch in Ho Chi Minh City on January 19, 2021, and the branch is to be fully established in November 2021 in order to provide services to local customers, including Thai and other foreign businesses investing in Vietnam.
Government of Jammu & Kashmir holds majority shareholding of 68.18% in the bank as on March 31, 2021.
Bank has a network of 957 business units and 1386 ATMs as on July 31, 2021 spread over 18 states and 4 UTs across the country.
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K Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| American Savings Fsb | - | - | 37 | - |
| Geauga Savings Bank | - | $13.0M | 20 | - |
| The First, ANBA | 1996 | $214.2M | 794 | - |
| Grove Bank & Trust | 1926 | $13.4M | 600 | 5 |
| ServisFirst Bank | 2005 | - | - | 47 |
| NexBank Capital, Inc. | - | $370,000 | 6 | 2 |
| Affiliated Bank | - | - | - | - |
| First Bank of Georgia | - | $8.5M | 60 | - |
| First Place Bank | - | - | - | - |
| Home Savings Mortgage | - | $89.0M | 350 | - |
K Bank history FAQs
Zippia gives an in-depth look into the details of K Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about K Bank. The employee data is based on information from people who have self-reported their past or current employments at K Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by K Bank. The data presented on this page does not represent the view of K Bank and its employees or that of Zippia.
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