Thailand’s KasikornBank (KBank) is hoping to repeat its digital banking success in neighbouring Vietnam, albeit with only one brick-and-mortar outlet in the country (compared with 824 in Thailand).
KBank, ranked among Thailand’s top three banks by assets, received a banking licence to open a single branch in Ho Chi Minh City, Vietnam’s economic capital, in November 2021, after a long wait and postponements due to the Covid-19 pandemic. However, being limited to one branch has not curtailed its ambitions.
