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Krung Thai Bank, inc
Thailand
1966 (59 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Krung Thai Bank, inc
Company Information
Get to know Krung Thai Bank, inc
Krung Thai Bank provides commercial banking products and services to individuals and corporate customers primarily in Thailand. It operates through three segments: Retail Banking, Wholesale Banking, and Treasury and Investment. Krung Thai Bank offers deposit products, including current accounts, savings accounts, term deposits, zero tax max accounts, and fixed-term and foreign currency deposits; various loans, such as personal and housing loans; debit, credit, travel, cash, and top up cards; funds transfer services; payment and top up services; overseas education services; and SME banking services. It also provides investment services, such as asset management, local stock trading, derivatives trading, securities borrowing and lending, derivatives warrant, international market trading, portfolio management, fixed income trading, and mutual funds, as well as FX and derivatives. Moreover, Krung Thai Bank offers cash management services comprising collection, transfer, and payment services; non-life insurance products; and e-banking services. It began operation in 1966, with its headquarters in Bangkok in Thailand as a subsidiary of Financial Institutions Development Fund.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Wealth Management
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