Moreover, Krungsri currently has presence in 6 ASEAN countries, including Lao PDR, Cambodia, the Philippines, Vietnam, Indonesia, and a representative office in Myanmar.
The Bank of Ayudhya Public Company Limited (or named Krungsri) officially opened its doors on April 1, 1945 and located on Talad Hua Ro Road, Hua Ro Sub-district, Krung Kao District, Phra Nakhon Si Ayutthaya Province.
In 2013, the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), which is wholly owned by the Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group and one of the world’s largest, made a voluntary tender offer (VTO) for all of Krungsri’s 6,074,143,747 ordinary shares at 39 baht per share.
After having undergone changes in the late 2000s, including the acquisition of GE Money Thailand, and Bank of Ayudhya unified its subsidiaries and rebranded.
More importantly, this is in line with Krungsri's business direction and strategy under our brand positioning of being a global partner delivering simplicity through human-centric innovation so that you can focus on what matters”.