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Bank of Ayudhya Wins Global Business Outlook 2016 Awards

By Wei ZhangThailand
1 min read
02 Bank Ayudhya Sari Center
02 Bank Ayudhya Sari Center
In this article (4)

Global Business Outlook (GBO), a business publication based out of London, has conferred the 2016 awards for ‘Best Commercial Bank’ and ‘Best Retail Bank’ in Thailand to Bank of Ayudhya (Krungsri).

Krungsri was established in 1945, and its ordinary shares were listed on the Stock Exchange of Thailand in 1977. The bank is currently the fifth largest in Thailand in terms of loans and deposits. Krungsri provides a comprehensive range of banking, consumer finance, investment, asset management, and other financial products and services to individual consumers, SMEs, and large corporations through 681 branches and over 28,000 service outlets nationwide. Also Krungsri Group is the largest card issuer in Thailand with 7.8 million credit cards, sales finance, and personal loan accounts in its portfolio.

Noriaki Goto, Krungsri President and Chief Executive Officer, upon receiving the awards said: “Krungsri is honoured with the Best Retail Bank Thailand and the Best Commercial Bank Thailand for 2016 awards. They are testimony to the strength of both our retail and commercial banking businesses and the fruit of our people’s passion to deliver excellent financial products and services to our valued customers. We are proud that these efforts are recognised by such a large base of professional organizations. Driven by our customer centricity strategy, we anticipate customers’ demands and serve them through innovation and technology. Krungsri remains committed to investing for the future and delivering innovative financial products and services for both retail and corporate segments.”

Questions & Answers

Q.

Which awards did Global Business Outlook give to Bank of Ayudhya?

A.

Global Business Outlook conferred the 2016 awards for 'Best Commercial Bank' and 'Best Retail Bank' in Thailand to Bank of Ayudhya (Krungsri). These awards recognise the bank's strong performance in both retail and commercial banking sectors.

Q.

How large is Krungsri within Thailand's banking sector?

A.

Krungsri is currently the fifth largest bank in Thailand in terms of loans and deposits. It is also the largest card issuer in the country, with 7.8 million credit cards, sales finance, and personal loan accounts.

Q.

What range of services does Krungsri provide to its customers?

A.

Krungsri offers a comprehensive range of banking, consumer finance, investment, and asset management products. These services are delivered to individual consumers, SMEs, and large corporations through various outlets.

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