{"id":116013,"date":"2023-11-09T20:15:44","date_gmt":"2023-11-09T13:15:44","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=116013"},"modified":"2023-11-15T22:12:43","modified_gmt":"2023-11-15T15:12:43","slug":"kbank-opens-beijing-branch-expands-services-for-customers-in-thailand-asean-and-china","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/kbank-opens-beijing-branch-expands-services-for-customers-in-thailand-asean-and-china\/","title":{"rendered":"KBank opens Beijing branch"},"content":{"rendered":"\n

KASIKORNBANK (CHINA) CO., LTD. (KBank China) has opened a new branch in Beijing \u2013 its fifth branch in China \u2013 to strengthen its regional service capabilities and to capitalize on the mainland\u2019s flourishing economic opportunities, in line with its strategy to be a regional bank of choice. <\/p>\n\n\n\n

Focusing on businesses engaging in trade and investment between Thailand and China, the Bank aims to extend its reach to other ASEAN countries in order to connect regional economies. <\/p>\n\n\n\n

The Bank is also ready to leverage its digital technology to deliver services and offer digital banking platforms through a vast service network in key strategic areas. KBank has a target to generate over 5,000 million baht in income from its China business within three years.<\/p>\n\n\n\n

Pipit Aneaknithi,<\/strong> KBank President, said that KBank has operated business as a locally incorporated institution (LII) in China since 2017. Ut has focused on providing services to local clients to support financial funding with the aim of creating opportunities for elevating their lives and businesses under the \u2018Better Me and Better SMEs\u2019 concept. <\/p>\n\n\n\n

KBank prioritizes offering services via digital channels while connecting its Chinese customers with those in AEC+3 via its local service network, including the Hong Kong Branch, Shenzhen Branch, Chengdu Branch, Shanghai Branch and Longgang Sub-Branch in Shenzhen. <\/p>\n\n\n\n

– KBank unveils \u201corbix\u201d, digital asset trading service<\/a><\/p>\n\n\n\n

Recently, KBank China officially opened its fifth branch in Beijing, China\u2019s capital city in which major government centers are located. The Beijing Branch represents an important milestone of KBank\u2019s business expansion there. <\/p>\n\n\n\n

“We see great potential in China, and the Beijing Branch is intended to serve as a bridge linking the Chinese economy with those of Thailand and other ASEAN member states. It has economic development plans in place to create business opportunities for corporate and individual customers in line with the \u2018One Belt, One Road initiative\u2019, as well,” said Pipit.<\/p>\n\n\n\n

The\u00a0Beijing Branch is one of our key operating centers in China, serving both Chinese retail customers who use loan services and Chinese business customers who wish to invest in Thailand and other ASEAN countries, as well as Thai-ASEAN entrepreneurs wanting to expand their business in China. <\/p>\n\n\n\n

Its services are geared towards businesses within the China-AEC value chain, emphasizing investment, trade finance and value chain financing. The Beijing Branch\u2019s long-term goals focus on building a new digital business foundation while conducting its banking business, based on financial innovation and sustainable development.<\/p>\n\n\n\n

– KBank unveils K PLUS in Lao PDR<\/a><\/p>\n\n\n\n

Pipit added that apart from the service network in China, KBank will continue its business operations in the AEC+3 region with digital technology development to provide comprehensive financial and non-financial services that meet current market demands. The Bank offers digital banking platforms through its service network in key strategic areas\u00a0across the region, fostering connectivity between China and AEC+3, thus enhancing its efforts in the digital era. <\/p>\n\n\n\n

This aligns with its goal of becoming A Regional Bank of Choice. KBank aims to generate income from China business of over 5,000 million baht within three years.<\/p>\n\n\n\n

Presently, KBank has an overseas service network covering the AEC+3 countries and beyond, with a total of 15 branches in 8 countries. These include six branches of the locally incorporated institutions (LIIs), four of which are in the People’s Republic of China and two in the Lao PDR. <\/p>\n\n\n\n

Additionally, the Bank has four overseas branches in the Cayman Islands, Hong Kong, Cambodia, and Vietnam; and five representative offices in China, Japan, Vietnam, Indonesia, and Myanmar. <\/p>\n\n\n\n

KBank has become a major shareholder of Bank Maspion, including its 50 branches across Indonesia, providing financial, investment advisory and business matching services. <\/p>\n\n\n\n

Its focus is on expanding business operations overseas and advancing its position as a regional bank of AEC+3, connecting opportunities for customers more efficiently.<\/p>\n\n\n\n

SCBX Group strives to build financial technologies to flight climate change<\/a><\/p>\n\n\n\n

Alibaba Pictures and T&B Media Global announce partnership to redefine the Thai-Chinese entertainment industry<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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