BANGKOK, RAKYAT NEWS – Thai regional bank KBank is set to strengthen its regional partnerships by collaborating with Bank Maspion in Indonesia, aimed at enhancing cross-border business and trade through superior financial services.

During a media briefing in Bangkok, KBank President Pipit Aneaknithi emphasized the bank’s commitment to expanding its regional presence. The partnership, highlighted by KBank’s investment in Bank Maspion, reflects its dedication to fostering sustainable economic growth in both Indonesia and Thailand.

“KBank aims to be the regional bank of choice. Our investment in Bank Maspion underlines our commitment to expanding regional partnerships while contributing to economic growth,” stated Pipit.

KBank’s growth strategy focuses on the ASEAN market, China, Japan, and South Korea, regions identified for their vast human resources and a burgeoning middle class. Pipit noted that this environment presents opportunities for KBank to leverage its expertise in technology and sustainability, supported by a network of over 70 financial partners across 13 countries.

With more than 24 million users, KBank’s K PLUS app exemplifies its commitment to financial inclusion, ensuring banking services are accessible to all layers of society. The bank plans to integrate innovative solutions and sustainable practices to advance the financial sector in the MEA+3 region.

Chat Luangarpra, Executive Vice President of KBank and President Commissioner of Bank Maspion, highlighted that technological advancement will also focus on transforming Bank Maspion from a small bank to an internationally recognized institution.

“To achieve this, we are enhancing capabilities in risk management, human resources, and operations,” Chat added.

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