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KBank strengthens its Indonesian presence by increasing its Bank Maspion stake to 89.48%, reaffirming its role as a regional bank

KASIKORNBANK (KBank) is advancing its strategy to become a regional bank, designating Indonesia as a key strategic base by increasing its stake in PT Bank Maspion Indonesia (Bank Maspion), to 89.48 percent. This marks an important step in expanding KBank's business across ASEAN and building an efficient cross-border financial network. Mr. Chat Luangarpa, KBank Executive President, said that Indonesia is a key strategic market, with the largest economy in ASEAN and GDP of more than USD 1.4

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