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Is Kaitai Bank a regular bank?

It is Thailand Taihua Farmers Bank (Volkswagen) Co., Ltd. The total assets of Taihua Farmers Bank are184 billion US dollars, ranking second among non-state-owned banks in Thailand. It is the only non-state-owned bank in Thailand with branches in China. Besides Shenzhen, it also has offices in Beijing, Shanghai and Kunming. On July 20 12, the company name was changed from Thailand Taihua Farmers Bank (Volkswagen) Co., Ltd. to Thailand Kaitai Bank (Volkswagen) Co., Ltd.

Kaitai Bank was founded on June 8, 1945 by a group of Taihua businessmen headed by Mr. Wu Bolin, formerly known as Taihua Farmers Bank. The initial registered capital of CCB is 5 million baht, and the first batch of employees is only 2 1. Its address is Yehu Road (Hu Jinye Road Branch) in Bangkok. The bank got off to a good start only half a year after its opening. By the end of the first accounting period of 1945, the bank had assets of15 million baht and deposits of12 million baht.

Kaitai Bank is one of the four largest commercial banks in Thailand, and has successful experience in providing loans and cross-border trade financing for small and medium-sized enterprises.

As of 20 16 12 3 1, Kaitai Bank has a registered capital of 30.486 billion baht and total assets of 2.846 billion baht. Thailand has 1 107 branches and business offices; There are 16 overseas branches. In the 20 17 Forbes list of the best employers in the world, Kaitai Bank ranked 16, third in Asia, first in Thailand and second in the world banking industry.

On June 8th, 1945, Taihua Farmers Bank (the predecessor of Kaitai Bank) founded by a group of Chinese businessmen officially opened for business, with a registered capital of 5 million baht. At the beginning of its establishment, the Bank had only 2 1 employee, and Wu Bolin became the first president. This bank, founded by Wu Bolin, the third generation of Hakka family in Thailand (Kaitai was formerly known as "Taihua Farmers Bank"), has been full of China people's blood since its birth.