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Choti Lamsam (Chinese: 伍柏林; pinyin: Wǔ Bǎilín; Thai: โชติ ล่ำซำ; RTGS: Chot Lamsam) was a Thai businessman who founded the Kasikornbank or otherwise known as the Thai Farmers Bank in 1945 with registered capital of Baht 5 Million.
At the end of World War II, Kasikorn Bank was established on 8 June 1945 by Mr. Choti Lamsam along with Thai-Chinese relatives. In early days, the bank placed emphasis on financial services for farmers, who made up the majority of Thai population.
The Lamsam family ( Thai: ล่ำซำ) is a Thai family of Chinese descent. Notable as the founders of Kasikornbank, the extended family owns businesses in the banking and insurance industries. The family's current head, Banthoon Lamsam, together with his family, is listed by Forbes as the 27th richest in Thailand in 2017. [1]
Apr 15, 2022 · His second wife Thongyu, a daughter of the Wanglee family, was the mother of the three of his sons — Choti, Chulin and Kasem Lamsam — who would establish Kasikornbank and three insurance companies, Phatra Insurance, Muang Thai Insurance and Muang Thai Life Assurance.
Jul 5, 2023 · The bank was founded by his grandfather Choti Lamsam as Thai Farmers Bank in 1945. Banthoon, a Harvard MBA, took over from his father in 1992.
Choti Lamsam was a Thai Chinese who founded the Kasikornbank or otherwise known as the Thai Farmers Bank in 1945 with registered capital of Baht 5 Million.
KASIKORNBANK (Thai: ธนาคารกสิกรไทย, Chinese: 开泰银行; pinyin: Kāi Tài Yínháng, often stylised as KBank and formerly known as the Thai Farmers Bank) is a major banking group in Thailand. KBank was established on 8 June 1945 (2488 BE) by Choti Lamsam, with registered capital of five million baht.
