Press Release Press Release


February 07, 2013

Commerzbank and Thailand’s KASIKORNBANK agree on cooperation

  • New product and service offering for corporate clients
  • Commerzbank expands international network to more than 60 sites in 52 countries

Commerzbank and Thailand’s KASIKORNBANK have agreed on a new cooperation. From now on it is possible for corporate clients of Commerzbank to use products and services of KASIKORNBANK in Thailand. In return, the clients of KASIKORNBANK also have the possibility in Germany to avail of the extensive range of products and services of Commerzbank in corporate client business. KASIKORNBANK is one of the leading banks in Thailand. With its nationwide network the bank offers a wide range of products and services for corporate clients. The official ‘signing ceremony’ took place recently in Frankfurt am Main.

“In the framework of the cross-border strategy of Mittelstandsbank the new cooperation underlines sustainably our goal of also becoming the strategic partner to SMEs at international level. We are pleased that we can in the future offer our clients excellent access to the Thai market through KASIKORNBANK,” said Markus Beumer, a member of the Board of Managing Directors of Commerzbank. Somkiat Sirichatchai, Senior Executive Vice President at KASIKORNBANK, added: “The cooperation allows our corporate clients to utilise the range of products and services of Commerzbank. For us Commerzbank is the ideal partner so that we can accompany our clients into the German market and markets in other European countries using Commerzbank’s well established network.”

With KASIKORNBANK Commerzbank is expanding its existing network of international partner banks for corporate clients. The optimum combination of its own sites and selected partner banks allows Commerzbank to accompany its corporate clients onto the international stage swiftly and efficiently. Commerzbank is represented with a total of more than 60 sites in 52 countries worldwide.

Press contact

Martin Halusa Phone +49 69 136-85331 or mobile phone +49 170 852-8638


About Commerzbank

Commerzbank is a leading bank in Germany and Poland. It is also present worldwide in all markets for its customers as a partner to the business world. With the business areas Private Customers, Mittelstandsbank, Corporates & Markets and Central & Eastern Europe, it offers its private and corporate clients as well as institutional investors the banking and capital market services they need. With some 1,200 branches Commerzbank has one of the densest branch networks among German private banks. In total, Commerzbank boasts nearly 15 million private customers, as well as 1 million business and corporate clients. In 2011, it generated revenues of just under EUR 10 billion with some 58,000 employees.