Singapore prides itself as among the current financial hubs in Asia. No one can ever deny the prevalence of the biggest and world-renowned banks that are primarily present in the country. Bangkok Bank Singapore may also take the stage soon as the top player in Singapore’s economic geography.
So, here’s a simple question for you. Have you ever wondered what makes a bank stand out from the crowd?
It’s most likely the perfect combination of rich history, adaptation to innovation, groundbreaking breakthrough, and genuine dedication to customer service. Bangkok Bank have these and more!
In the heart of Lion City, Bangkok Bank is a shiny beacon in the banking industry. Seven exciting facts make you understand why.
Bangkok Bank Singapore’s Historical Odyssey
Picture this: You’re in Thailand’s capital during the early 1940s, specifically, 1944. It was the year the Bangkok Bank’s historical journey began.
The bank was founded by Chin Sophonpanich, an ethnic Thai, starting from two simple shophouses in Bangkok’s Chinatown. The bank’s focus was to serve a variety of customers.
With careful and diligent strategic planning, Bangkok Bank’s Singapore branch was established and officially operating on March 30th, 1957. The first Bangkok Bank in Singapore was situated at South Bridge Road, with only fourteen staff to manage the modest corporation.
The Heroes Behind the Scenes
Have you ever wondered who are the people who laid the foundation of a banking giant?
Aside from Chin Sophonpanich, the other founders were dreamers. They were visionaries who saw beyond what they saw in the present.
The founders aimed for the banking industry’s stars with the relentless pursuit of excellence. It didn’t take long before all the efforts carried their bank and legacy forward.
Bangkok Bank founders managed the bank’s operations in Singapore with incredible grit. They’re much like skilled conductors of a massive orchestra that helps the harmony melodically grow and contribute to the bank’s success stories.
Changing The Course of Banking
Every company wants to thrive in a competitive industry. However, it isn’t an easy feat to accomplish.
What’s astounding about Bangkok Bank Singapore is that it understands the waves at a glance before quickly surfing through them. The banking industry was going through fast changes, and Bangkok Bank needed to surf alongside the more significant and prominent banks.
As a result, the bank adopted advanced technologies to provide a well-developed customer-centric approach. It’s among the bank’s breakthroughs that impact Singapore’s banking industry and customers.
Bangkok Bank Singapore’s Unique Logo and Slogan
Once you see Bangkok Bank Singapore’s logo, you will never forget it.
It’s not hard to notice, too, because of its simplistic yet eye-catching design. The “lotus” design is always easy on the eyes. You instantly feel serenity and peace upon seeing the logo.
What about Bangkok Bank’s slogan?
“Puan Koo Kit Mit Koo Baan” means they aspire to become your trusted partner and reliable close friend to customers and society. And for more than 75 years in the banking industry, the bank has remained true to its philosophy which guided them throughout the years.
The Pivotal Events of Bangkok Bank Singapore
There were specific timelines and eras where the local and international banking industry suffered immensely due to the economic crisis. It does not matter how huge the banking enterprise is or how modest it was; no one was spared.
Bangkok Bank Singapore is no exception to watershed moments. Such pivotal events became an incredible challenge to master, especially during times when customers require financial assistance.
But, these specific moments were also rewarding as they helped Bangkok Bank mould its identity. The bank rose from the ashes, and by enduring all the downfalls in the industry, it was able to adapt and transform.
The challenges become opportunities. The bank’s resilience spoke volumes about its capacity to withstand economic downfalls with a forward-thinking financing solutions approach.
Bangkok Bank Singapore’s Primary Services
Everyone assumes that banks love numbers alone. Although that is true in some ways, banks do enjoy fulfilling transactions.
However, there’s more to it than meets the eye. In truth, Bangkok Bank Singapore is about creating a reliable and trustworthy financial ecosystem for its customers.
Because of this particular mission and vision, it’s where Bangkok Bank shined the most. It was a bank that was more than happy to cater to any of its customer’s financial demands, including:
- Savings Accounts
- Personal Loans
- Business Banking
- Investment Services
- Corporate Lending
- Remittance
- Deposit Accounts
- Current Accounts
- Foreign Exchange Services
- Trade Finance
- Import and Export Services
- Direct Investment and Trade in Thailand
Like a master chef eager to curate a menu to satisfy diverse palates and preferences, Bangkok Bank Singapore customises and tailors its banking services to suit all customers’ financial demands and goals.
Bangkok Bank Singapore Beyond the Banking Boarders
When Bangkok Bank Singapore settled in the region, it had big plans. These huge plans aren’t only to focus on becoming a banking powerhouse.
Bangkok Bank was serious about committing to making a difference in the community. The bank’s participation in many community programs showcases its dedication to helping the community, especially the future generations, have better tomorrows.
The Bangkok Bank Singapore has:
- Sustainability Programs
- Bangkok Bank SME
- Bangkok Bank Scholarship for SMU Undergraduate Singapore
- Bangkok Bank InnoHub
- United Nations Sustainable Development Goals
Bangkok Bank believes banking isn’t only about making big profits; it’s also about creating positive influences that will encourage positive outcomes. With its deep-rooted commitment to its community programs and goals, you can rely on Bangkok Bank Singapore’s sincere approach.
Pursue Your Financial Goals with Confidence
It’s a reality that economies rise and fall. Change is the only temporary concept in the world.
Yet, despite the changes happening within the local and international banking landscape, Bangkok Bank Singapore pushes forward to adapt, evolve, and find new opportunities.
For one, in Singapore, many customers ask for personal loans. It’s because it’s a flexible financial product that can assist one monetary demands. The interest rate is competitive, and you can obtain up to 5 times your monthly income with a 60-monthly repayment plan.
But if you don’t meet the requirements of Bangkok Bank, choose an alternative like Accredit. Accredit is a licensed moneylender in Singapore, recognised for its customer-centric lending practices, with exceptionally credible and reliable professional services and loan products.
Remember, it isn’t only about the loan you’d take but choosing a trustworthy financial partner.
The Future Beckons
Bangkok Bank Singapore’s saga is mesmerising. It’s a tale of vision, innovation, adaptability, and dedication. As you turn the page and look towards your future, you can be confident that Bangkok Bank Singapore will continue assisting you when required.
Bangkok Bank Singapore has proven itself to be a reliable financial partner. So, why wait? Discover an outstanding banking experience like no other!
