Krungthai Bank (KTB) notified the Stock Exchange of Thailand on October 2, 2026, that Krungthai Holding Company Limited (KTH), a subsidiary in which the bank holds a 99.99% stake, has registered the establishment of two new subsidiaries to restructure the internal operations of the bank's financial business group. Both were officially registered on October 1, 2026, each with registered capital of 1 million baht, fully paid up, divided into 100,000 ordinary shares with a par value of 10 baht per share, and KTH holds a 99.99% stake in both companies. The first company is Krungthai Alliance Holding Company Limited, which operates as a holding company for companies in the bank's financial business group engaged in shared support services, including digital technology and innovation businesses. The second company is Krungthai Capital Holding Company Limited, which operates as a holding company for companies in the bank's financial business group engaged in investment, asset management, and insurance businesses. The bank has received permission from the Bank of Thailand for both newly established companies to join the bank's financial business group, effective September 9, 2026. It added that the transaction does not constitute a significant transaction or a connected transaction under the relevant notifications.
Krung Thai Bank Public Company LimitedKTB's subsidiary KTH registered two new holding companies to restructure its financial business group, a corporate reorganization with no clear positive or negative financial impact.
Krungthai Alliance Holding was newly established as a holding company for shared support services including digital technology and innovation; no financial impact stated.
Krungthai Capital Holding was newly established as a holding company for investment, asset management, and insurance businesses; no financial impact stated.
