Tuesday, 3 October 2023

Best Custodian Bank in Thailand - Bangkok Bank

5 min read

By The Asian Banker

This bank’s assets under custody reached $80 billion in 2022, and its custody market share was approximately 12%, an increase of 30% from 2021.

The bank continually upgrades its in-house system, which connects to its core custody system and complies with the latest standards, such as SWIFT Releases. Approximately 99% of settlement instructions were delivered by electronic channels, including SWIFT, email and secure file transfer protocol.

The bank received a custody licence for Vietnam to serve international clients. For its strong custodian presence and steady growth in assets under custody, the award for Best Custodian Bank in Thailand goes to Bangkok Bank.


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