History

History

In the year 2501 B.E. (1958), a group of leading bankers, who were the representatives of Thai commercial banks, came together to form an association. A meeting was conducted in September 1958 with the aim of establishing this association. At that time, the association consisted of 13 commercial banks. The Thai Bankers’ Association was officially established and registered on July 10, 1967 with the following main objectives:

  • Building readiness and cooperation in finance and banking among the members.
  • Cooperating and coordinating with the government sector and major private economic organizations to enhance the country’s economy and finance.
  • Supporting the government’s future policies on financial freedom with the goal of establishing Thailand as a financial center in the ASEAN region in the future.

Currently, the Thai Bankers’ Association has 15 bank members as follows:

  1. Bangkok Bank Public Company Limited
  2. Krung Thai Bank Public Company Limited
  3. Bank of Ayudhya Public Company Limited
  4. Kasikornbank Public Company Limited
  5. Kiatnakin Phatra Bank Public Company Limited
  6. CIMB Thai Bank Public Company Limited
  7. TMBThanachart Bank Public Company Limited
  8. TISCO Bank Public Company Limited
  9. Thai Credit Bank Public Company Limited
  10. Siam Commercial Bank Public Company Limited
  11. United Overseas Bank (Thai) Public Company Limited
  12. Land and Houses Bank Public Company Limited
  13. Standard Chartered Bank (Thai) Public Company Limited
  14. Industrial and Commercial Bank of China (Thai) Public Company Limited
  15. Bank of China (Thai) Public Company Limited

Since its establishment, the Thai Bankers’ Association has played a role in representing commercial banks in negotiation with the Bank of Thailand, Ministry of Finance, Ministry of Commerce, and other governmental organizations to formulate and implement important economic and financial policies.

The Thai Bankers’ Association in partnership with the Thai Chamber of Commerce and the Board of Trade of Thailand, and the Federation of Thai Industries, formed the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), which is a main private organization in supporting the country’s trade, industry, and finance. The goals are to be a unitary center of private sectors and businesses in sharing opinions and suggestions to find solutions for trade and economic problems and propose to the Joint Public and Private Sector Consultative Committee (JPPSCC) or to the government sector directly responsible for such problems. This is used in consideration of economic development plans or implementation of policies or measures to solve national economic issues.

The Thai Bankers’ Association joined the ASEAN Bankers Association (ABA), which consists of 10 member countries: Cambodia, Thailand, Brunei Darussalam, the Philippines, Malaysia, Myanmar, Laos, Vietnam, Singapore, and Indonesia. These nations have cooperated closely on various initiatives. Past collaborations include Y2K solution measures, academic meetings, and workshops aimed at enhancing the effectiveness and robustness of the financial and banking systems within the ASEAN region.

Chairman of the Thai Bankers’ Association from (1958 – Present)

Mr. Kasem Lamsam

1958 - 1960


Mr. Banchert Chonwichan

1961 - 1964


Mr. Utain Techapaibul

1965 - 1968
1974 - 1975


Mr. Jumrus Chaturaphat

1969 - 1970


Mr. Chalerm Prachuabmoh

1971 - 1973


Mr. Sukum Navapan

1976 - 1977


Mr. Boonchu Rojanastien

1978 - 1979


Mr. Mr.Prachitr Yossundara

1980 - 1981


Mr. Somboon Nantaphiwat

1982 - 1983


Mr. Banyong Lamsam

1984 - 1985


Mr. Chatri Sophonpanich

1986 - 1988


Mr. Pakorn Thavisin

1989 - 1990


Mr. Tarrin Nimmanahaeminda

1991 - 1992


Dr. Som Jatusripitak

1993 - 1995


Dr. Olarn Chaipravat

1996 - 1997


Mr. Banthoon Lamsam

1998 - 1999


Mr. Chulakorn Singhakowin

2000 - 2001


Mr. Chartsiri Sophonpanich

2002 - 2003
2011 - 2013


Khunying Jada Wattanasiritham

2006


Mr. Apisak Tantivorawong

2007 - 2009


Dr. Prasarn Trairatvorakul

2010


Mr. Boontuck Wungcharoen

2014 - 2015


Mr. Predee Daochai

2016 - 2019


Mr. Payong Srivanich

2020 - Present