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The
Islamic Bank is a state-owned enterprise and has 130 branches throughout the country (2015). It is set up under the Islamic Bank of Thailand Act 2002. It began operations in 2003. By the end of 2005 the bank had total of nine branches. The bank acquired the Shariah Banking Services of
26:
242:. The Ministry of Finance's direct shareholding in iBank is capped at 49 percent, but shareholdings by other state-owned banks mean that the government controls over 98 percent of iBank shares.
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286:'s injection of almost 20 billion baht into iBank to raise its registered capital. The intervention was required because iBank had accrued 50 billion baht in
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245:
iBank's Swift code is TIBTTHBK. The bank's fiscal year runs from 1 January to 31 December. iBank operates in accordance with the principles of
Islamic
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The management competence of state-run financial institutions such as the
Islamic Bank has been called into question by critics who point to the
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For the year ending 2014, iBank reported total assets of 109.7 billion baht. Net profit for the year was -9.5 billion baht.
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PCL in
November 2005. As a result, the number of branches increased from 18 to 27.
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253:. It serves all customers regardless of religious affiliation.
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465:"Fitch Affirms Ratings on Six Policy Banks in Thailand"
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802:
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624:
544:"Good governance sorely lacking at state-run banks"
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137:Monchai Rattanasatien, Acting Managing Director
370:"Auditor report and Financial Statements 2014"
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8:
230:The bank is 48.54 percent owned by the Thai
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580:
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39:A branch of Islamic Bank in Bangkok (2020)
33:
24:
17:
542:Chantanusornsiri, Wichit (25 July 2019).
399:
397:
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518:"Finance Ministry to hold 99% of IBank"
299:
290:(NPL), half of all its loan portfolio.
333:"Ministry of Finance's Top Executives"
7:
223:Thanakhan Itsalam Haeng Prathet Thai
516:Theparat, Chatrudee (31 May 2018).
789:Mega International Commercial Bank
14:
471:. 1 December 2014. Archived from
611:
487:"āļāļēāļĢāļĢāļąāļāđāļāļīāļāđāļāļāđāļāđāļēāļāļēāļāļāđāļēāļāļāļĢāļ°āđāļāļĻ"
667:ExportâImport Bank of Thailand
644:Special Financial Institutions
337:Ministry of Finance (Thailand)
1:
950:State enterprises of Thailand
760:United Overseas Bank (Thai)
251:Islamic banking and finance
227:) was established in 2002.
221:
966:
945:Companies based in Bangkok
794:Sumitomo Mitsui Trust Bank
308:"Islamic Bank of Thailand"
889:Bangkok Metropolitan Bank
211:āļāļāļēāļāļēāļĢāļāļīāļŠāļĨāļēāļĄāđāļŦāđāļāļāļĢāļ°āđāļāļĻāđāļāļĒ
210:
197:Islamic Bank of Thailand.
52:āļāļāļēāļāļēāļĢāļāļīāļŠāļĨāļēāļĄāđāļŦāđāļāļāļĢāļ°āđāļāļĻāđāļāļĒ
51:
32:
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884:Bangkok Bank of Commerce
657:Islamic Bank of Thailand
575:How Islamic banks differ
491:Islamic Bank of Thailand
439:Islamic Bank of Thailand
409:Islamic Bank of Thailand
374:Islamic Bank of Thailand
203:Islamic Bank of Thailand
19:Islamic Bank of Thailand
899:First Bangkok City Bank
740:Standard Chartered Bank
677:Government Housing Bank
672:Government Savings Bank
236:Government Savings Bank
234:, 39.81 percent by the
730:Land & Houses Bank
469:Fitch Ratings Thailand
238:, and 9.83 percent by
198:
82:; 21 years ago
720:Kiatnakin Phatra Bank
475:on 20 September 2016.
196:
838:Indian Overseas Bank
735:Siam Commercial Bank
652:SME Bank of Thailand
288:non-performing loans
249:law as practiced in
80:21 October 2002
894:DBS Thai Dhanu Bank
618:Banking in Thailand
435:"Shareholders List"
232:Ministry of Finance
172:Ministry of Finance
113:Number of locations
20:
755:TMBThanachart Bank
497:on 13 January 2019
445:on 13 January 2019
199:
161:109.7 billion baht
940:Banks of Thailand
927:
926:
415:on 19 August 2018
380:on 21 August 2016
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191:
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149:-9.5 billion baht
100:Watthana, Bangkok
957:
772:of foreign banks
745:Thai Credit Bank
687:Commercial banks
634:Bank of Thailand
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493:. Archived from
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339:. Archived from
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284:Finance Ministry
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184:Official website
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62:State enterprise
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919:Thanachart Bank
909:Nakhonthon Bank
904:Laem Thong Bank
867:
813:Bank of America
798:
764:
725:Krung Thai Bank
700:Bank of Ayudhya
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343:on 4 April 2023
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264:Krung Thai Bank
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240:Krung Thai Bank
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71:Islamic banking
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914:Siam City Bank
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843:JPMorgan Chase
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705:CIMB Thai Bank
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569:External links
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872:Defunct banks
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879:Bank of Asia
715:Kasikornbank
695:Bangkok Bank
656:
626:Central bank
554:. Retrieved
551:Bangkok Post
550:
537:
525:. Retrieved
522:Bangkok Post
521:
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499:. Retrieved
495:the original
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473:the original
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459:
447:. Retrieved
443:the original
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417:. Retrieved
413:the original
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382:. Retrieved
378:the original
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345:. Retrieved
341:the original
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315:. Retrieved
312:Bangkok Post
311:
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229:
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156:Total assets
95:Headquarters
59:Company type
15:
848:Mizuho Bank
818:BNP Paribas
501:31 December
449:31 December
419:31 December
384:31 December
347:31 December
317:31 December
270:Performance
123:Area served
46:Native name
934:Categories
770:Subsidiary
750:Tisco Bank
294:References
144:Net income
133:Key people
87:2002-10-21
710:ICBC Thai
547:(Opinion)
405:"History"
205:(iBank) (
823:Citibank
805:branches
779:ANZ Bank
127:Thailand
106:Thailand
67:Industry
556:25 July
527:25 July
278:Bailout
257:History
218::
178:Website
85: (
77:Founded
247:Sharia
167:Parent
102:10110
863:SMBC
853:OCBC
833:HSBC
558:2019
529:2019
503:2015
451:2015
421:2015
386:2015
349:2015
319:2015
216:RTGS
207:Thai
201:The
858:RHB
117:108
936::
549:.
520:.
489:.
467:.
437:.
407:.
394:^
372:.
357:^
335:.
310:.
213:,
209::
104:,
603:e
596:t
589:v
560:.
531:.
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453:.
423:.
388:.
351:.
321:.
89:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
