Question 1

What is Bangkok Bank?

Accepted Answer

Bangkok Bank is a Thai commercial bank operating a full-service branch in Singapore. As one of Thailand's largest commercial banks, Bangkok Bank has maintained a presence in Singapore since 1957, making it one of the longest-established foreign banks in the city-state.

The Singapore branch operates as a fully licensed commercial bank under the Monetary Authority of Singapore, offering a comprehensive range of banking services to both corporate and individual customers. Bangkok Bank Singapore is part of the bank's extensive international network focused on facilitating trade and investment across Southeast Asia.

Question 2

When was Bangkok Bank founded?

Accepted Answer

Bangkok Bank was established in 1944 in Thailand and listed on the Stock Exchange of Thailand in 1975. The bank's founder, Chin Sophonpanich, built it into one of Thailand's premier financial institutions.

The Singapore branch opened on March 30, 1957, at South Bridge Road with just 14 staff members. After rapid growth necessitated larger premises, the branch relocated to New Bridge Road in September 1961, and ultimately to its current purpose-built building at 180 Cecil Street in 1978.

Question 3

Where is Bangkok Bank headquartered?

Accepted Answer

Bangkok Bank is headquartered at 333 Silom Road in Bangkok, Thailand. The bank's international operations are managed from Bangkok while maintaining significant regional hubs across Asia.

The Singapore branch, located at 180 Cecil Street in the Bangkok Bank Building, serves as a key hub for the bank's Southeast Asian operations outside Thailand.

Question 4

Where does Bangkok Bank operate?

Accepted Answer

Bangkok Bank Singapore operates throughout Singapore with a focus on serving customers engaged in trade and business with Thailand and the broader ASEAN region. The branch provides services from its main office at 180 Cecil Street.

As part of Bangkok Bank's global network, the Singapore branch connects to over 800 branches in Thailand and 32 international branches across 15 economies. The bank has the largest overseas branch network of any Thai bank, with particular strength in Southeast Asia, China, Hong Kong, Taiwan, Japan, and offices in London and New York.

Question 5

What services does Bangkok Bank offer?

Accepted Answer

Bangkok Bank Singapore provides a full range of commercial banking services including corporate lending, trade finance, treasury and foreign exchange services, and deposit accounts. The branch specializes in facilitating direct investment and trade between Singapore and Thailand.

Services include import and export financing, letters of credit, bank guarantees, remittances, foreign exchange trading, and cash management solutions. The branch offers current accounts, savings accounts, and fixed deposit accounts for both individual and corporate customers.

Digital banking services enable customers to conduct transactions and access account information through modern electronic channels. The branch has working hours from 9:30 AM to 3:30 PM, Monday through Friday.

Question 6

What makes Bangkok Bank unique?

Accepted Answer

Bangkok Bank Singapore benefits from over 65 years of continuous operation in Singapore, establishing deep roots and relationships in the market. The branch's focus on Thailand-Singapore trade corridors provides specialized expertise for businesses operating between these markets.

Bangkok Bank is the only Thai bank with a full commercial banking license in Singapore, giving it unique capabilities among Thai financial institutions to serve retail and corporate clients. The bank's royal warrant of appointment and privilege to display the royal garuda since 1967 reflects its prestige in Thailand.

The Singapore branch combines local market knowledge with access to Bangkok Bank's extensive network throughout ASEAN, Greater China, and beyond.

Question 7

What type of financial institution is Bangkok Bank?

Accepted Answer

Bangkok Bank Singapore operates as a foreign full bank, holding a commercial banking license from the Monetary Authority of Singapore. This allows it to provide universal banking services including deposit-taking, lending, and the full range of financial services.

As a branch of a major Thai commercial bank, it serves both retail and corporate customers while specializing in cross-border banking, trade finance, and facilitating economic ties between Singapore and Thailand. The branch operates under Singapore banking regulations while being part of Bangkok Bank Public Company Limited's global network.

Bangkok Bank

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About Bangkok Bank in Singapore