The Bank of Ayudhya Public Company Limited (Krungsri) officially opened its doors on April 1, 1945. We found immediate public favor, grew rapidly and listed on the Stock Exchange of Thailand on September 26, 1977.
Our core philosophy is founded on good governance. Adherence to the highest ethical standards and a steadfast commitment to transparency form the keystone of our business. This is essential considering we are entrusted with the honor of protecting our customers savings and investments.
Our steady growth has continued unabated to the present day. As of June 2020, Krungsri had a total registered capital of THB 75,741 million and THB 73,558 million in paid‐up capital. Krungsri is Thailand’s fifth largest universal bank in terms of assets, loans and deposits today.
Krungsri has 22 subsidiaries and joint ventures constantly striving to respond the ever‐changing customer needs by offering a comprehensive range of universal banking financial products and services to three key target groups: corporates, SMEs and consumers.
We are the leading player in personal loans and credit cards, with market shares of 30% and 16%, respectively. Krungsri has the second‐largest market share of 29% in auto hire‐purchase at end‐May 2020. Krungsri also serves in the micro lending segment. Ngern Tid Lor, our joint venture, is the market leader. The company provides microfinance services to under‐banked and unbanked segments, which mirror our
efforts in improving financial access in the underserved segments and our responsible lending practices and adhering.
In 2013, Krungsri reached key milestone in our history when we became a subsidiary of MUFG Bank, Ltd. (MUFG Bank)*, which is the wholly‐owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), Japan’s largest banking group and one of the world’s largest financial groups.
On September 2017, Krungsri was recognized as “A Domestic Systemically Important Bank (D‐SIB)” by the Bank of Thailand, playing a key role in driving the country’s economic engines and financial system.
On August 2019, Krungsri announced a plan to acquire 50% of shares of SB Finance Company Inc. (SBF) in Philippines.