BANGKOK: All eyes in the Thai banking industry are on the merger talks between the state-owned Krungthai Bank (KTB) and TMBThanachart Bank (TTB). When finalised, the deal will create a new “Super Bank” and become Thailand’s no.1 bank in terms of total assets.
KTB is a state-owned bank established in 1966 with the Finance Ministry being the largest shareholder. It has total assets of 3.64 billion baht, ranking in fourth position behind Bangkok Bank (BBL, 4.55 trillion baht), Kasikornbank (KBANK, 4.33 trillion baht), and Siam Commercial Bank (SCB, 3.49 trillion baht), respectively.
