Krungsri
Bank of Ayudhya, branded and commonly referred to as Krungsri, is the fifth largest bank in Thailand by assets. The bank officially opened its doors on April 1, 1945.
Krungsri is one of Thailand's leading players in personal loans, credit cards, and auto hirepurchase with market shares of 26%, 15% and 29%, respectively, at end February 2022.
The bank became a subsidiary of MUFG Bank in 2013. MUFG Bank is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), Japan's largest banking group and one of the world's largest financial groups.
Krungsri’s VC company backs three startups in 2026 as portfolio hits $150m
Krungsri’s VC company backs three startups in 2026 as portfolio hits $150m
Whale Technologies has the potential to become a native, enterprise-grade AI platform, Krungsri said.
Krungsri posts 6.8% profit rise to $501m as AI supply chain fuels corporate lending
Loans inched up just 0.4% overall whilst deposits fell by 2.8% in the H1 period.
Krungsri maps out FX strategy with digital and currency expansion push
The Thai bank said it will deliver more tailored risk management solutions.
Krungsri rolls out loan for SMEs' larger investments
They can get up to $4.47m with a special interest rate of 3.5% for the first two years.
Krungsri partners Thailand Post to co-develop financial and insurance products
The Thai bank will use the postal carrier service to develop new offerings.
Krungsri targets $10.78b in sustainable finance as ESG anchors 2026 strategy
Krungsri seeks to expand client opportunities through collaboration with MUFG.
Krungsri names Kohei Omori as head of Japanese corporate banking
He headed the corporate banking division in the US Midwest.
Krungsri teams up with Invesco to enhance advisory and wealth services
Krungsri aims to build "a multi-asset discretionary portfolio management platform."
Krungsri, Thai stock exchange push SETCarbon platform for SMEs’ green transition
The platform is now used by 380 organisation, with 85% being listed companies.
Krungsri names Chayathip Phanmanee as head of Krungsri Auto Group
Phanmanee implemented debt restructuring policies during the COVID-19 period.
Krungsri’s profit rises 6.9% in 2025 as retail and SME loans contract
Its CEO warned of slower economic growth and consumption in 2026.
Thailand’s Krungsri names new two new senior executives
Duangdao Wongpanitkrit and Hiroshi Kurihara took over their new roles last 1 January.
Krungsri’s capital and stable profitability mitigates elevated loan risks
The bank is expected to enjoy a very high probability of support from parent MUFG.
MUFG and JICA establish sustainable finance framework
It will be applied by MUFG and four partner banks in Southeast Asia.
Krungsri and Schneider Electric promote energy efficiency in SMEs
They will develop advanced energy technologies alongside financial solutions in Thailand.
MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025
They are looking into AI as a means to adopt more sustainable and digital practices.
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