Krungthai sets up 2 new subsidiaries to strengthen digital, wealth and insurance businesses

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Summary · why it matters

Krungthai Bank has announced the establishment of two new companies to restructure its financial business group. Krungthai Holding Company Limited, in which the bank holds a 99.99% stake, registered both new subsidiaries. The first is Krungthai Allianz Holding Company Limited, which operates as a holding company for group companies providing shared support services, including digital technology and innovation businesses. The second is Krungthai Capital Holding Company Limited, which operates as a holding company for group companies engaged in investment and asset management, as well as companies in the insurance business. Both companies have registered capital of 1 million baht, fully paid up, and the bank has received permission from the Bank of Thailand for both companies to be part of the bank's financial business group, effective 9 September 2026.

Impact on assets 1

Financials▲ · 1 stocks

Off-coverage companies 2

Krungthai Allianz Holding Co., Ltd.Private▲ Positive
Capitalrelevance

Newly established as a holding company for shared support services including digital technology and innovation, with BoT approval.

Krungthai Capital Holding Co., Ltd.Private▲ Positive
Capitalrelevance

Newly established as a holding company for investment, asset management, and insurance businesses, with BoT approval.

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