KBank bids for licences in Indonesia, Myanmar Vietnam

Kasikornbank (KBank) has applied for a licence to open a branch each in Vietnam, Indonesia and Myanmar as part of its continued overseas business expansion, president Kattiya Indaravijaya said on Friday (December 13).

She expects the bank to be awarded at least one of these licences next year.

There is a high chance that the bank will obtain the licence from either Indonesia or Vietnam, she added.

Currently KBank has combined branches and representative offices in 16 countries.