deploys ‘Strategy 3+1’ to deliver sustainable value to all stakeholders, including customers, shareholders, employees, regulators and society at large.
“KBank aims to be a solidly dependable partner to our customers, and other stakeholder, and to deliver solid performance to our shareholders in an increasingly unpredictable global economic environment.” Ms. Kattiya Indaravijaya, Chief Executive Officer, KBank
- ‘Strategy 3+1’ to help KBank grow business by focusing on three strategic priorities: reinvigorate credit performance, scale capital-lite fee income businesses, and strengthen and pioneer sales and service models to deliver value-based results. As the ‘+1’ of its three core strategies, KBank aims for new revenue creation in medium- and long-term that will contribute around 5% to net profit within the next five years.
- Loan will grow 3-5% in 2024 along with enhancing end-to-end transformation to elevate credit capabilities for business growth
- Mutual Fund Asset Under Management (AUM) of KASIKORN ASSET MANAGEMENT Co., Ltd. (KAsset) will grow around 30-40% by 2026.
- K PLUS users will grow around 20-30% by 2026 and maintains leading position.
BANGKOK, THAILAND – Media OutReach Newswire – 26 January 2024 – KBank has adopted a 3+1 strategy that is about focusing on three priorities to generate sustainable growth, and an additional mission to generate new income in the medium and long term.
The issuer is solely responsible for the content of this announcement.
KASIKORNBANK Public Company Limited
KASIKORNBANK Public Company Limited (KBank) was established on June 8, 1945. Over the past 70 years, the Bank has always strived to develop our organization and offer financial product initiatives. KBank operates business in line with the principles of a Bank of Sustainability under good corporate governance and appropriate risk management for the balance of three dimensions – economy, society and environment. Guided by the “Customer Centricity” strategy under our resolution to offer excellence in service, we intend to empower every customer’s life and business. Our endeavors are achieved through collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, startup firms and our business partners, under the single brand of KASIKORNBANK.
KASIKORNBANK aims to be the most innovative, proactive, and customer centric financial institution, delivering world class financial services and sustainable value for all stakeholders by harmoniously combining technology and talent.
