KBank sees 2 million new users in K PLUS app

The app recorded $292b (THB10t) in total transactions throughout 2022.

KASIKORNBANK (KBank) has added 2 million new users in its K PLUS online banking app, a million of them being new to the bank.

“This growth in the popularity of our digital platforms has made us a truly digital bank with 98% of all KBank’s transactions now being conducted online,” said KBank CEO Kattiya Indaravijaya, adding that the bank recorded 11 billion more online transactions in 2022 than in the previous year.

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This added up to almost $292b (THB10t) in money transacted using K PLUS during the year. 

KBank said that it has recorded more money transferred over its K PLUS digital banking app than all its other channels combined– including physical branches, e-Machines, and banking agents.