Bangkok, Kasikorn Bank (China) opened a new headquarters in Shenzhen, Guangdong Province, People's Republic of China. Raising the level of service in China and support the expansion of trade and investment Focusing on Chinese businesses that want to invest in Thailand and ASEAN. with Thai-ASEAN businesses that want to expand the market to China To connect economies between regions Reinforcing being a bank in the AEC+3 region through digital services Mrs. Kobkarn Wattanawarangkun, Chairman of the Board Kasikorn Bank revealed that since 2017, when Kasikorn Bank (China) operated as a Locally Incorporated Institution (LII), it has focused on services that help local customers in China access financial services. To enhance life development and increase business opportunities under the concept of 'Better Me and Better SMEs' through digital service channels. Along with connecting Chinese business customers with the AEC+3 region through the network of banks in the ASEAN region, and recently, has marked growth to an other level. with the opening of a new headquarters in the heart of Shenzhen. By investing in more than 13,700 square meters of office building space, covering 7 floors from floors 12-18, accommodating approximately 1,000 employees, in order to expand services to business customers, SMEs, and individual customers. Enhance digital technology capabilities To provide services that meet the needs of the present era that do not stop at just providing financial services. From presenting a banking platform that takes advantage of the bank's service network in key strategic areas throughout the ASEAN region such as Vietnam and Indonesia. This opening of the new headquarters In addition to announcing another step of success for Kasikorn Bank, which aims to become a regional bank, It is also a symbol of the good relations between China and Kasikorn Bank. Since pioneering business in China in 1994 until the present, Kasikorn Bank has focused on promoting trade across international borders. including members in ASEAN co untries The election of the bank's headquarters in Shenzhen It is a strategic decision rooted in history and a favorable environment. including a forward-looking vision In addition to being a city of technology, Shenzhen Until being dubbed the Silicon Valley of China, it is also one of the main cities of the Greater Bay Area new economic area covering Hong Kong, Macau, Guangzhou, which is an integrated economic zone. It aims to be a global leader by 2036. In this regard, with the vision of aiming to be a bank in the AEC+3 region, the bank has collaborated with partners to bring cutting-edge technology to create products and services. To meet the financial needs of businesses, such as supporting investment in Chinese companies expanding business in Thailand and ASEAN, doing E2E Online Lending for retail customers. Creating a cross-border payment system (cross-border payment and settlement), investment services (Wealth Management) and insurance businesses Both in China, Thailand and in the region, which is in line with the measures for exempting visas between each other (Free Visa), it is an opportunity to attract more Chinese tourists and businessmen who are likely to come to Thailand. It is considered to be an era of building relationships between both business sectors and exchanges between people. Kasikorn Bank (China) is currently the first foreign bank from ASEAN to have its headquarters in Shenzhen. It has assets of over 100,000 million baht, growing at an average of 30% per year, has over 3 million retail customers and has branches in 4 main cities in China, namely Shenzhen, Beijing, Shanghai and Chengdu, to cover the business customer network. between Thailand, China and AEC, which is important to make Kasikorn Bank different from other service providers. According to the concept of being Regional banks. Source: Thai News Agency