2) Krungthai-AXA Life Insurance Pcl. Operates Life Insurance • Subsidiary Group Refers to the Services

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2) Krungthai-AXA Life Insurance Pcl. Operates Life Insurance • Subsidiary Group Refers to the Services A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. “Krung Thai Bank would like to express our genuine gratitude for your continuous support during the past 50 years. We are still determined to operate professionally while taking into account the benefits of all stakeholders and adhering to corporate govenance best practices. At the same time, the Bank shall contribute to driving the country’s economy forward under the 3 Summits strategic plan, which we believe will encourage all sectors to grow together firmly and sustainably. A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. Confident Manage with corporate governance, grow firmly, and operate professionally A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. We are confident in the management and policies Mr. Plew Trivisvavet of Krung Thai Bank to stand Chairman of the Executive Board CH. Karnchang Public Company Limited beside us so that our During the 30 past years that CH. Karnchang has been a customer of Krung Thai Bank (KTB), there have business can grow firmly. been several building constructions and infrastructures development in Thailand constantly. CH. Karnchang has had opportunities to work in large projects while KTB has also been involved as the provider of loans and the financial advisor for all along. Even when we were faced with financial crises, the Bank has never once abandoned us and always tried to find ways to help us get recover and resume normal operation of our business. “We are now confident that KTB will be the main bank that supports CH. Karnchang and we will work together with the Bank to expand our business and further develop the country firmly.” Mr. Parphan Siriviriyakul Chief Executive Officer– KTIS Group Kaset Thai International Sugar Corporation Public Company Limited In order to become the large sugar manufacturer that can be listed in SET as we are today, we needed an exceptional financial partner that is Krung Thai Bank (KTB). We have been the Bank’s customer since its incorporation from Mondhon Bank Limited so that means we have been growing together for the past 50 years. “I admire the Bank’s tangible development, as well as its talented executives with broad vision and professional staffs. KTIS Group is confident in the Bank’s system. Its products and services can meet with our business’ requirements and create business benefits, in particular, the Cash Management System that KTB and we jointly invented and got awarded for it. Furthermore, the Bank also offers various financial innovations e.g. LMS, Electronic Check and Online Payment.” A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. Trustful Teamwork, potential enhancement, service mind A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. Mr. Kraisorn Chansiri Chairman Thai Union Group Public Company Limited We are what we are today because in the past 35 years, Krung Thai Bank (KTB) has been supporting us since we started the seafood business and generated only small sales; or supporting us when we needed to buy fish that cost over ten millions from overseas. The Bank has also been helping us with payroll system and loans we needed when we acquire oversea businesses. We have been receiving superb services. “We are close with KTB. Generations of the Bank’s executives have provided us with valuable advices and premium services, which made us the successful business as we are today.” I believe that KTB has a great potential to prosper and advance even further in the future, as it is all prepared in terms of finance, personnel and progressive development in providing services. Krung Thai Bank is always a trustworthy financial Mr. Natee Panichewa Chairman advisor Unique Engineering and Construction Public Company Limited Krung Thai Bank (KTB) has been a good friend, advisor, travel companion and strategic partner of Unique for over 10 years. With the support of KTB, Unique has constantly grown and developed. The most impressive aspect of KTB is unquestionably its personnel since all staffs have been helpful and have always provided quality services with broad smiles and great care, which are evidently the characteristics of “service mind”. One thing that never changes is that KTB has never abandoned us and has always been by our side. Similarly, KTB has always been standing together with the Thais and been part of the development of Thai economy. More importantly, “KTB has contributed to Unique in becoming one of the top construction companies in Thailand. So KTB will always be in our heart no matter where we are and it will always be one of the first banks that Unique will look for and trust.” A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. Reliable Ensure stakeholders’ satisfaction with high returns A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. Mr. Chanond Ruangkritya President and CEO Ananda Development Public Company Limited After operating business for over 10 years, KTB is still Ananda’s main partner. KTB was one of the first banks to provide us the opportunities when we were a startup. KTB and Ananda have been through so many crises together, until Ananda became one of the top real-estate companies in the Stock Exchange of Thailand as we are today. Without Krung Thai Bank, there would be no Ananda today. “KTB is the partner that we can discuss frankly and can fully trust, and that has enabled us to conquer all the obstacles“. KTB has executives with good vision and management teams that understand the business. In addition, the long history of cooperation between the Bank and Ananda made the Bank a trustworthy partner and advisor for Ananda. At Krung Thai Bank, we work as a team so that all our customers can smile brightly every day. You can watch the interview video through AR Code Technology as following steps: Free Download Open Layar, scan the pictures that have The interview video Layar App the symbol , and tab the screen will appear to you. 014 A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. 1966 March 14th, 1966 Krung Thai Bank Company Limited was incorporated through a merger between Mondhan Bank Limited and the Agricultural Bank Limited. Its first headquarters was located on “Yaowarat” Road. 50 YEARS The corporate logo of PRIDE is “Vayupaksa Bird”. 1973 Krung Thai Bank was the first bank to have branches located in all 72 provinces of Thailand 1976 The first decade of Krung Thai Bank with the second largest asset in Thai banking system and 288 branches nationwide (up from 81 branches at the beginning). 1982 The headquarters was moved to “Sukhumvit” Road in order to accommodate the business growth. 1988 The Bank was the first Commercial Bank to have “Branches and ATMs” located in all provinces of Thailand Moreover, in 1982, the Bank opened a “new oversea branch in New York City” so as 1987 to facilitate the Thais in foreign country. The Bank played an important role in resolving the financial crisis as it took over the management of the “April 4 Lifeboat Scheme”. A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. 015 2005 - 2013 The Bank aimed to be “The Convenience Bank” by offering a complete range of 2001 - 2003 financial products and services. An era of expanding its business and establishing its brand as well as releasing multiple recognizable advertisements. 1998 The Bank took part in rehabilitating financial institution system after the Tom Yum Goong crisis. 2014 - 2015 The Bank has changed its vision to “Growing Together” and also announced the “3 Summits” 1994 strategic plan. Krung Thai Bank registered its transformation to “public company limited”. 2016 The year 2016 is the 50th Anniversary of Krung Thai Bank and it is entering into the second phase of the 3 Summits in order to become the top commercial bank in Thailand in terms of asset and profit. 1989 The Bank was the first state enterprise to “list its shares in the Stock Exchange of Thailand”. Please scan “ตรานายห้าง” picture with “Layar” application for watching the advertisement named “KTB - Money is flowing”. A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l. Contents 001 002 006 008 010 Financial Message from Statement of Direction Organization Chart Board of Directors Highlights the Chairman and Vision and Mission the President 014 019 042 048 053 Executive Officers Brief Biography of Business Policy and Business Business Operation Board of Directors and Environment Overview Executive Officers 074 093 126 127 128 Management Analysis Shareholding and Report of the Board Report of the Report of the Risk and Discussion Management of Executive Directors Compliance Committee Management Structure Committee 130 144 146 147 149 Risk Factors Internal Control and Report of the Report of the Corporate Governance Risk Management Corporate Governance Nominating and and Social Responsibility Remuneration Committee Committee 167 173 177 179 180 Related - Party Corporate Social Report of the Audit The Board of Directors’ Auditor’s Report Transactions Responsibility Committee Responsibility for Financial Reports 182 191 276 286 Financial Statements Notes to the Financial General Information Banking Network Statements and Other Major Information A n n u a l R e p o r t 2 0 1 5 K r u n g T h a i B a n k P c l.
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