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List of Banks in Thailand

Published by Gbaf News

Posted on June 13, 2012

2 min read

· Last updated: November 15, 2018

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Bank of Thailand

Bangkok Bank

Krung Thai Bank

Siam Commercial Bank

Kasikorn Bank
TMB Bank
United Overseas Bank (Thai)
Siam City Bank
CIMB Bank Thai (Formerly Bank Thai)
UOB Radanasin Bank – merged with Bank of Asia to form UOB (Thai)
Standard Chartered Bank (Thai)
Thanachart Bank
Kiatnakin Bank
Tisco Bank
GE Money Retail Bank (Thailand)(Business sold to Bank of Ayudhya in January 2007)
AIG Bank (Thailand)
Bank of Ayudhya
Land & Houses Retail Bank
DBS Thai Danu Bank – merged with Thai Military Bank
Bank of Agriculture and Agricultural Cooperatives
Thaicredit Retail Bank
Government Housing Bank
ACL Bank
Small and Medium Enterprise Development Bank of Thailand (SME Bank)
Export Import Bank of Thailand
Bank of Asia – merged with UOB Radanasin to form UOB (Thai)
Government Savings Bank
Industrial Finance Corporation of Thailand – merged with Thai Military Bank

Bank of Thailand

Bangkok Bank

Krung Thai Bank

Siam Commercial Bank

Kasikorn Bank
TMB Bank
United Overseas Bank (Thai)
Siam City Bank
CIMB Bank Thai (Formerly Bank Thai)
UOB Radanasin Bank – merged with Bank of Asia to form UOB (Thai)
Standard Chartered Bank (Thai)
Thanachart Bank
Kiatnakin Bank
Tisco Bank
GE Money Retail Bank (Thailand)(Business sold to Bank of Ayudhya in January 2007)
AIG Bank (Thailand)
Bank of Ayudhya
Land & Houses Retail Bank
DBS Thai Danu Bank – merged with Thai Military Bank
Bank of Agriculture and Agricultural Cooperatives
Thaicredit Retail Bank
Government Housing Bank
ACL Bank
Small and Medium Enterprise Development Bank of Thailand (SME Bank)
Export Import Bank of Thailand
Bank of Asia – merged with UOB Radanasin to form UOB (Thai)
Government Savings Bank
Industrial Finance Corporation of Thailand – merged with Thai Military Bank

Key Takeaways

  • Thailand’s banking sector includes central, state‑owned, commercial, foreign, and specialized institutions.
  • Notable mergers include UOB Radanasin and Bank of Asia forming UOB (Thai) in 2005.
  • State‑owned banks like Government Savings Bank and BAAC play key policy roles.
  • Commercial banks dominate financial assets—28 banks held 45.3% of total in Q2 2025.

References

Frequently Asked Questions

What is the central bank of Thailand?
The Bank of Thailand is the central bank, established in 1942, which regulates all banks in Thailand.
How many commercial banks operate in Thailand?
As of Q2 2025, there are 28 commercial banks in Thailand operating within the financial sector.
Which merger created UOB (Thai)?
UOB Radanasin and Bank of Asia merged in 2005 to form United Overseas Bank (Thai) Public Company Limited.
What are examples of state‑owned banks in Thailand?
State‑owned banks include Government Savings Bank, Bank for Agriculture and Agricultural Cooperatives (BAAC), Export‑Import Bank of Thailand, Islamic Bank of Thailand, SME Development Bank.

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