Question 1

What is Krungthai Bank (KTB)?

Accepted Answer

Krungthai Bank (KTB) is a state-owned commercial bank headquartered in Thailand that operates an international branch in the Cayman Islands. The Cayman branch serves as a wholesale banking facility providing specialized financial services to corporate and institutional clients.

As part of Thailand's largest state enterprise bank network, the Cayman Islands branch focuses on international banking activities including lending, deposits, remittances, trade finance, and foreign exchange services.

Question 2

When was Krungthai Bank (KTB) founded?

Accepted Answer

Krungthai Bank was established on March 14, 1966, following the merger of two government-owned banks in Thailand: Kaset Bank and Monton Bank. The merged entity was named Krungthai Bank Limited.

The bank became a listed company on the Stock Exchange of Thailand on August 2, 1989, making it the first Thai state enterprise to be publicly traded. The Cayman Islands branch was established as part of KTB's international expansion strategy to support cross-border banking operations.

Question 3

Where is Krungthai Bank (KTB) headquartered?

Accepted Answer

The Cayman Islands branch of Krungthai Bank is located at 190 Elgin Avenue, Grand Cayman KY1-9005, Cayman Islands. The parent bank's headquarters is in Bangkok, Thailand.

The Cayman branch operates as an offshore banking facility regulated by the Cayman Islands Monetary Authority, serving as one of KTB's key international banking locations.

Question 4

Where does Krungthai Bank (KTB) operate?

Accepted Answer

Within the Cayman Islands, Krungthai Bank operates a single branch facility at Grand Cayman. The branch primarily serves international corporate clients and facilitates cross-border transactions between the Cayman Islands and other jurisdictions.

As part of a broader international network, this branch connects with KTB's global presence across Asia, North America, and other strategic financial centers.

Question 5

What services does Krungthai Bank (KTB) offer?

Accepted Answer

The Cayman Islands branch provides wholesale banking services including corporate lending, deposit taking, international remittances, trade finance, and foreign exchange dealing. Services are primarily targeted at institutional and corporate clients conducting international business.

The branch operates Monday through Friday from 9:30 AM to 5:30 PM, offering specialized banking solutions designed for cross-border commercial transactions and institutional banking relationships.

Question 6

What makes Krungthai Bank (KTB) unique?

Accepted Answer

Krungthai Bank's Cayman Islands branch represents a strategic offshore banking presence for Thailand's largest state-owned bank. The branch provides specialized wholesale banking services that complement KTB's extensive domestic network in Thailand.

As a Cayman Islands banking entity, it operates under Category B banking regulations, allowing it to serve international clients while maintaining regulatory compliance in both the Cayman Islands and Thailand.

Question 7

What type of financial institution is Krungthai Bank (KTB)?

Accepted Answer

Krungthai Bank operates as an international commercial bank branch in the Cayman Islands. Under Cayman Islands banking regulations, it holds an offshore banking license that permits wholesale banking activities with international clients.

The institution functions as an extension of Thailand's state-owned Krungthai Bank Public Company Limited, combining the stability of a government-backed bank with specialized offshore banking capabilities.

Krungthai Bank (KTB)

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About Krungthai Bank (KTB) in the Cayman Islands