# Krungsri Bank of Ayudhya (krungsri app)

> Source: https://docs.barcoder.ai/docs/wallets/krungsri
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Krungsri — official](https://www.krungsri.com/)

## Overview

**Krungsri Bank of Ayudhya (krungsri app)** is **Bank of Ayudhya Public Company Limited** + **MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025** + **strategic member of Mitsubishi UFJ Financial Group** + **700 branches + 35,000+ service outlets nationwide** + **AI-powered cloud data governance for customer experience optimization** <sup>[1][1], [2][2], [Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup>. **2025 baseline**: Krungsri Bank of Ayudhya 700 branches + 35,000+ service outlets nationwide + MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025 + strategic member of Mitsubishi UFJ Financial Group (Japan's largest financial group + one of the world's largest financial organizations); **krungsri app user-friendly platform for payments, transfers, bill settlements, QR cross-border payments, and investment monitoring + online loan applications + transaction rewards via Krungsri GIFT** distinctive Thai-Japanese commercial banking mobile-first banking; **2025 innovations incorporate fintech elements such as AI-powered cloud data governance to optimize customer experiences and enable data-driven advisory + participation in digital finance advancements for seamless mobile interactions**.

**Distinctive Krungsri positioning**:
- **Bank of Ayudhya Public Company Limited** (SET: BAY; Krungsri; MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025)
- **MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025** distinctive Japanese-Thai banking controlling relationship
- **Strategic member of Mitsubishi UFJ Financial Group (Japan's largest financial group + one of the world's largest financial organizations)**
- **700 branches + 35,000+ service outlets nationwide** distinctive Thai commercial banking scale
- **AI-powered cloud data governance for customer experience optimization** distinctive Thai-Japanese commercial banking AI innovation
- **krungsri app user-friendly platform for payments, transfers, bill settlements, QR cross-border payments, and investment monitoring + online loan applications + transaction rewards via Krungsri GIFT** distinctive Thai-Japanese commercial banking mobile-first banking
- **2025 innovations incorporate fintech elements such as AI-powered cloud data governance to optimize customer experiences and enable data-driven advisory + participation in digital finance advancements for seamless mobile interactions**
- **1945 Bank of Ayudhya founding + 2013 MUFG Bank Bank of Ayudhya acquisition ~72% stake** distinctive Thai-Japanese banking heritage

## History

**1945 — Bank of Ayudhya founded** as Thai commercial bank.

**1977 — Bank of Ayudhya SET IPO under ticker BAY** distinctive Thai banking SET listing.

**Dec 18 2013 — MUFG Bank Bank of Ayudhya acquisition ~72% stake → Krungsri (Bank of Ayudhya)** distinctive Thai-Japanese banking acquisition heritage.

**2014 — krungsri app mobile banking launch** distinctive Thai-Japanese commercial banking mobile banking strategy.

**Sep 2025 — Krungsri MUFG Bank Ltd Japanese parent ~76.88% controlling** <sup>[1][1], [2][2], [3][3]</sup>.

**2025 — Krungsri innovations incorporate fintech elements such as AI-powered cloud data governance to optimize customer experiences and enable data-driven advisory + participation in digital finance advancements for seamless mobile interactions + Krungsri 700 branches + 35,000+ service outlets nationwide**.

## Ownership & operator

**Operating entity**: **Bank of Ayudhya Public Company Limited** (SET: BAY; Krungsri; MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025).

**Major shareholders**: **MUFG Bank Ltd (Mitsubishi UFJ Financial Group Japanese parent; TSE: 8306) ~76.88% controlling as of September 2025 + Thai retail + institutional + foreign investors**.

**Regulators**: **BOT (Bank of Thailand) + national regulators across 9 countries**.

## Technical integration

krungsri app mobile banking app (iOS + Android) + krungsri.com online + Krungsri 700 branches + 35,000+ service outlets nationwide + Krungsri Visa + Mastercard + UnionPay cards; Thai QR + PromptPay + NAPAS QR (partial) + Lao QR + KHQR + ASEAN QR; **krungsri app user-friendly platform for payments, transfers, bill settlements, QR cross-border payments, and investment monitoring + online loan applications + transaction rewards via Krungsri GIFT** distinctive Thai-Japanese commercial banking mobile-first banking + **2025 innovations incorporate fintech elements such as AI-powered cloud data governance to optimize customer experiences and enable data-driven advisory + participation in digital finance advancements for seamless mobile interactions** distinctive Thai-Japanese commercial banking AI innovation.

## Users & growth

Krungsri 700 branches + 35,000+ service outlets nationwide; MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025.

## Use cases

Thai + Southeast Asian (Cambodia + Laos + Vietnam + Myanmar + Indonesia + Philippines + Hong Kong + Singapore + China) retail + private + SME + commercial + corporate + MUFG Group cross-border banking via krungsri app mobile + krungsri.com online + Krungsri 700 branches + 35,000+ service outlets nationwide + Visa/Mastercard/UnionPay cards; Thai QR + PromptPay + NAPAS QR (partial) + Lao QR + KHQR + ASEAN QR; **krungsri app user-friendly platform for payments, transfers, bill settlements, QR cross-border payments, and investment monitoring + online loan applications + transaction rewards via Krungsri GIFT** distinctive Thai-Japanese commercial banking mobile-first banking.

## Implementations & partners

**Operator**: Bank of Ayudhya Public Company Limited (SET: BAY; Krungsri; MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025); MUFG Bank Ltd (Mitsubishi UFJ Financial Group Japanese parent; TSE: 8306) ~76.88% controlling as of September 2025 + Thai retail + institutional + foreign investors.

**MUFG Group global ecosystem partnership**: [MUFG Bank (Mitsubishi UFJ Direct app)](https://docs.barcoder.ai/docs/wallets/mufg-bank) (MUFG Bank Japan; Japan's largest banking group by assets; Krungsri Bank of Ayudhya ~76.88% controlling parent + au Jibun Bank ~50% JV co-owner + PayPay Bank ~50% JV co-owner + Mitsubishi UFJ Morgan Stanley Securities ~74.5%) + MUFG Securities (MUFG Securities Japan + global investment banking).

**MUFG Krungsri Southeast Asian regional ecosystem**: Hattha Bank (HATTHA Bank Cambodia; Bank of Ayudhya Cambodian subsidiary) + Krungsri Vietnam + Krungsri Laos + Krungsri Myanmar + Krungsri Indonesia + Krungsri Philippines + Krungsri Hong Kong + Krungsri Singapore + Krungsri China.

**Major Thai banking competitors**: [Kasikornbank K PLUS](https://docs.barcoder.ai/docs/wallets/kasikorn-bank) (Kasikornbank K PLUS; Thailand's #1 mobile banking app by market share; 22.2M+ K PLUS users + 17M Active App Users + 15M MAU + 14M Android users + 1 in 3 Thai online transactions on K PLUS + 2025 CN + VN + ID expansion) + Bangkok Bank (Thailand's largest commercial bank by assets) + [Krungthai NEXT](https://docs.barcoder.ai/docs/wallets/krungthai-bank) (Thailand's state-controlled bank + PaoTang government benefits platform + QR Code Cross Border Payment Thailand-Laos via Krungthai NEXT) + Siam Commercial Bank SCB (Thai royal-backed banking heritage + SCB EASY mobile banking) + TMBThanachart Bank (Thai post-merger banking) + CIMB Thai (Malaysian CIMB Thai subsidiary) + [TrueMoney](https://docs.barcoder.ai/docs/wallets/truemoney) (Thai dominant mobile wallet; CP Group + Ant Financial JV) + Rabbit LINE Pay (Thai LINE-anchored mobile wallet).

**Regulators**: BOT + national regulators across 9 countries.

## Fun facts

- **Bank of Ayudhya Public Company Limited** (SET: BAY; Krungsri; MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025).
- **MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025** distinctive Japanese-Thai banking controlling relationship.
- **Strategic member of Mitsubishi UFJ Financial Group (Japan's largest financial group + one of the world's largest financial organizations)**.
- **700 branches + 35,000+ service outlets nationwide** distinctive Thai commercial banking scale.
- **AI-powered cloud data governance for customer experience optimization** distinctive Thai-Japanese commercial banking AI innovation.
- **krungsri app user-friendly platform for payments, transfers, bill settlements, QR cross-border payments, and investment monitoring + online loan applications + transaction rewards via Krungsri GIFT** distinctive Thai-Japanese commercial banking mobile-first banking.
- **2025 innovations incorporate fintech elements such as AI-powered cloud data governance to optimize customer experiences and enable data-driven advisory + participation in digital finance advancements for seamless mobile interactions**.
- **1945 Bank of Ayudhya founding + Dec 18 2013 MUFG Bank Bank of Ayudhya acquisition ~72% stake → Krungsri (Bank of Ayudhya)** distinctive Thai-Japanese banking heritage.

## Comparison

| Feature | Krungsri | [Kasikornbank K PLUS](https://docs.barcoder.ai/docs/wallets/kasikorn-bank) (Kasikornbank K PLUS rival; Thailand's #1 mobile banking app by market share; 22.2M+ K PLUS users) | Bangkok Bank (Thailand's largest commercial bank by assets rival) | [Krungthai NEXT](https://docs.barcoder.ai/docs/wallets/krungthai-bank) (Thailand's state-controlled bank rival; Krungthai NEXT + PaoTang) | Siam Commercial Bank SCB (Thai royal-backed banking rival; SCB EASY) |
|---|---|---|---|---|---|
| Operator | **Bank of Ayudhya Public Company Limited (SET: BAY; Krungsri; MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025)** | Kasikornbank PCL (SET: KBANK; one of Thailand's Big-4 commercial banks) | Bangkok Bank PCL (SET: BBL; one of Thailand's Big-4 commercial banks) | Krung Thai Bank PCL (SET: KTB; Thai government Vayupak Fund + Crown Property Bureau majority controlling) | Siam Commercial Bank PCL (SET: SCB; one of Thailand's Big-4 commercial banks) |
| Type | **Bank of Ayudhya Public Company Limited + MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025 + strategic member of Mitsubishi UFJ Financial Group + 700 branches + 35,000+ service outlets nationwide + AI-powered cloud data governance + krungsri app QR cross-border payments + Krungsri GIFT + 2025 fintech innovations** | K PLUS Thailand's #1 mobile banking app by market share + 22.2M+ users + 17M Active App Users + 15M MAU + 14M Android users + 1 in 3 Thai online transactions on K PLUS + 2025 CN + VN + ID expansion | Thailand's largest commercial bank by assets + Bangkok Bank Mobile Banking | Thailand's state-controlled bank + Krungthai NEXT mobile banking + PaoTang Thai government benefits platform + QR Code Cross Border Payment Thailand-Laos via Krungthai NEXT | Thai royal-backed banking heritage + SCB EASY mobile banking |
| Country | TH + KH + LA + VN + MM + ID + PH + HK + SG + CN | TH + CN + VN + ID + KH + LA + MM | TH + 14 countries (Asia + US + UK) | TH + LA (Krungthai NEXT cross-border PromptPay-LaosQR) | TH |
| Distinctive | **1945 Bank of Ayudhya founding; 1977 Bank of Ayudhya SET IPO under ticker BAY; Dec 18 2013 MUFG Bank Bank of Ayudhya acquisition ~72% stake → Krungsri (Bank of Ayudhya); 2014 krungsri app mobile banking launch; Sep 2025 Krungsri MUFG Bank Ltd Japanese parent ~76.88% controlling; 2025 Krungsri innovations incorporate fintech elements such as AI-powered cloud data governance** | 1945 Kasikornbank founding as Thai Farmers Bank by Choti Lamsam; 2014 K PLUS mobile banking app launch; 22.2M+ K PLUS users | 1944 Bangkok Bank founding; Thailand's largest commercial bank by assets; 14-country international branch network | 1966 Krung Thai Bank founding by Thai government merger of Agricultural Bank + Mong Khol Thai Bank | 1907 Siam Commercial Bank founding (Thailand's first Thai-owned bank); Thai royal-backed banking heritage |

## Status

**Active, Bank of Ayudhya Public Company Limited + MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025 + strategic member of Mitsubishi UFJ Financial Group + 700 branches + 35,000+ service outlets nationwide + AI-powered cloud data governance for customer experience optimization** <sup>[1][1], [2][2], [3][3]</sup>:
- **Bank of Ayudhya Public Company Limited (SET: BAY; Krungsri; MUFG Bank Ltd Japanese parent ~76.88% controlling as of September 2025)** since 1945 Bank of Ayudhya founding + 1977 Bank of Ayudhya SET IPO under ticker BAY + Dec 18 2013 MUFG Bank Bank of Ayudhya acquisition ~72% stake → Krungsri (Bank of Ayudhya) + 2014 krungsri app mobile banking launch + Sep 2025 Krungsri MUFG Bank Ltd Japanese parent ~76.88% controlling.
- **Krungsri 700 branches + 35,000+ service outlets nationwide**.
- **2025 Krungsri innovations incorporate fintech elements such as AI-powered cloud data governance to optimize customer experiences and enable data-driven advisory + participation in digital finance advancements for seamless mobile interactions**.
- **BOT + national regulators across 9 countries**.

## Sources

[1]: https://www.krungsri.com/en/about-krungsri/about-us/mufg "About MUFG | Bank of Ayudhya (Krungsri) — Krungsri"
[2]: https://en.wikipedia.org/wiki/Bank_of_Ayudhya "Bank of Ayudhya — Wikipedia"
[3]: https://grokipedia.com/page/Bank_of_Ayudhya "Bank of Ayudhya — Grokipedia"
[th-cro]: https://docs.barcoder.ai/docs/payments/TH

- [1] [About MUFG | Bank of Ayudhya (Krungsri) — Krungsri][1]
- [2] [Bank of Ayudhya — Wikipedia][2]
- [3] [Bank of Ayudhya — Grokipedia][3]
- <sup>[Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup> In-corpus: `reports/countries/TH-thailand.md`

## Source

Biography extracted from [krungsri.md](https://docs.barcoder.ai/source/wallets/krungsri). See `matrix.md` for standards-support matrix if present.