Bangkok Bank PCL : 4 August 2016 - Bangkok Bank named "Best Foreign Bank in Indonesia" for 2nd consecutive year

Bangkok Bank is honored and proud to be named by Infobank magazine, a leading Indonesian publication, as 'Best Foreign Bank in Indonesia' ahead of many global banks.

Bangkok Bank Executive Vice President Chaiyarit Anuchitworawong said that it is an honor for Bangkok Bank to be chosen as 'Best Foreign Bank in Indonesia for 2016' for the second consecutive year by Infobank, Indonesia's leading banking magazine, with the highest score of 86.74. The bank's Jakarta branch has also been recognized by Infobank for outstanding performance by a foreign bank branch for the fifth consecutive year.

Bangkok Bank opened its first Indonesian branch in Jakarta in 1968, its second in Surabaya in 2012, and its third in Medan in 2013. The Indonesian operations are managed by Mr. Chalit Tayjasanant, General Manager of the Jakarta branch, and in 2015 the bank had assets over Rupiah 15 trillion.

With great stability, good understanding, and strong relationships with local networks in both the government and private sectors, the bank can fully support its customers, whether they be Indonesians, Thais living in Indonesia, or foreign investors keen to use the upcoming ASEAN Economic Community (AEC) as a springboard to expand their business to Indonesia and enhance their foreign business networks.

'Expansion of our foreign branch network is one of the bank's priorities as we aim to support the needs of customers in regional areas. Bangkok Bank's current international network comprises 32 branches in 15 economies. With our strong and extensive network, Bangkok Bank is one of the leading regional banks in Southeast Asia and is ready to support the future integration of the ASEAN economy,' Mr. Chaiyarit said.