Private company
Logo: Islamic Bank of Thailand, Public domain, via Wikimedia Commons3
Bank of Thailand
The Islamic Bank of Thailand (iBank) (Thai: ธนาคารอิสลามแห่งประเทศไทย, RTGS: Thanakhan Itsalam Haeng Prathet Thai) was established in 2002. The bank is 48.54 percent owned by the Thai Ministry of Finance, 39.81 percent by the Government Savings Bank, and 9.83 percent by Krung Thai Bank. 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.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
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The Islamic Bank of Thailand (iBank) (Thai: ธนาคารอิสลามแห่งประเทศไทย, RTGS: Thanakhan Itsalam Haeng Prathet Thai) was established in 2002.2
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 Krung Thai Bank PCL in November 2005. As a result, the number of branches increased from 18 to 27.
From Wikipedia’s article on Islamic Bank of Thailand, shared under CC BY-SA 4.0.4
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