Political Contributions and Activities

It is a fundamental policy of the Bank that the Bank’s assets or resources may not be used to contribute to any political candidate or party anywhere in the world.
  • An exception to the above exists only in cases where such support is permitted by law and advocates democracy in general.
  • The Bank policy does not permit the use of any the Bank facilities or resources by employees for political campaigning, fundraising, or partisan political purposes.
  • The Bank prohibits all management and employees from directing or persuading, by any means, the Bank’s employees and subordinates to participate in any type of political activity.
A decision by an employee to contribute any personal time, money, or other resources to a political campaign or activity must be made totally on the employee's own discretion.

Contribution for Partnerships

KBank aims to create partnerships with all organizations and parties, at home and abroad, to ensure business achievement and ultimate benefit for all stakeholders. These partnerships include the public and private sectors, trade associations, non-profit organizations, educational institutes, and experts in diverse fields. KBank does not support such partnerships in their involvement with any lobbying activities. KBank has contributed to our partnerships through membership fee.

KBank pushes efforts to build a strong network and influenced the industry key players for sustainability. Our executives have joined as a representative and/or member in agencies and organizations that are related to enhancement of the financial institution system and sustainable development. This is to ensure that these organization activities aligned with KBank Sustainable Development Policy which are reviewed regularly by the Board of Directors in order to comply with the United Nations Sustainable Development Goals (UN SDGs), the Paris Agreement, and the international and national sustainability standard and regulation.

ActivitiesContribution Amount (Million-THB)
Lobbying, interest representation or similar0000
Local, regional, or national political campaigns / organizations / candidates0000
Trade associations or tax-exempt groups21.5016.1613.7824.22
Other (spending related to ballot measures, or referendums) 0000
Total contributions and other spending 21.5016.1613.7824.22
Guided by our commitment to deliver service excellence, KBank aims “To Empower Every Customer’s Life and Business” that responds to the customer needs, expectations, and behaviors and that deploys leading-edge technologies to reach the top position in the digital banking realm through collaborations with various partners to strengthen and leverage sustainable financial industry. Two primary objectives are as follow:

  1. Driving K-Strategy on ESG and Beyond Banking and Innovation (Total 7.38 million-THB or 30.41% of total contribution in 2023)
  2. To expand business and market penetration through various trade associations (Total 16.88 million-THB or 69.69% of total contribution in 2023)
KBank supported business and trade associations in a form of membership fee that we believe that collaborations between business and government sectors would contribute to sustainable economic development of the nation.

The three largest contributions (2019-2023) are follows.
YearNumberOrganizationMillion-THB% of Total Contribution
20201The Thai Bankers’ Association (TBA)15.2971%
2International Swaps and Derivatives Association, Inc. (ISDA)2.0610%
3The Securities and Exchange Commission (SEC)1.266%
20211The Thai Bankers’ Association (TBA)13.8485.63%
2United Nations Environment Programme Finance Initiative (UNEP FI)1.046.41%
3Thai Bond Market Association (ThaiBMA)0.533.29%
20221The Thai Bankers Association (TBA)8.8664.29%
2United Nations (UN)1.218.79%
3Korea Chamber of Business in Vietnam1.188.59%
20231The Thai Bankers Association (TBA) 16.869.49%
2Korea Chamber of Business in Vietnam 5.7523.74%
3United Nations (UN) 0.562.3%