Kasikornbank Spins Off  “Kasikorn Investure Co., Ltd.” to Reduce Business Sosts while Bolstering Capabilities in Financial Services for Retail Customers

Ms. Kattiya Indaravijaya, KBank Chief Executive Officer and Mr. Patchara Samalapa, Group Chairman of KASIKORN INVESTURE COMPANY LIMITED, together hosted a press conference on KBank’s spinoff of “KASIKORN INVESTURE COMPANY LIMITED” (KIV) in alignment with its strategy of long-term business growth. The move is aimed at enhancing flexibility in its expansion of financial services to retail customers, especially by leveraging its business partners’ capabilities with KBank’s existing infrastructure in order to minimize business and credit costs. Currently, there are 14 companies under KIV’s structure with a total investment value of around 30 billion Baht.