Kept by Krungsri helps digitally onboard more than 130,000 new customers

• Kept by Krungsri digitalises traditional banking activities and services
• Kept is the only digital banking application in Thailand that offers a simple and seamless referral programme
• Kept digitally onboarded more than 130,000 new customers with strong engagement

Singapore, 3 June 2021 -Kept by Krungsri was recognised as the Best Digital Deposit Service at The Asian Banker International Excellence in Retail Financial Services Awards 2021. 

Krungsri maximised its digital solutions that boosted customer engagement

Krungsri, Maybank, CCB, and ING Bank were the finalists in the Best Digital Deposit Service award. Kept by Krungsri bested other services after it made significant strides in leveraging digital transformation and customer experience compared with its peers.

Digital and Innovation: Kept by Krungsri digitalises traditional banking activities and services

Krungsri launched an innovative mobile app that digitalises traditional banking activities and services. This enabled customers to better manage their money online and automate their savings, providing a frictionless experience. It is built with cutting-edge technology on the new digital core banking platform, creating three innovative savings accounts called Kept account, Grow account, and Fun account to help customers manage their money and maintain financial discipline effortlessly and effectively. 

Effectiveness of Collection: Kept is the only digital banking application in Thailand that offers a simple and seamless referral programme

Kept provides customers a practical tool to manage their money and save more effectively through the concept of one wallet ‘KEPT account’ and two savings jars system called Grow and Fun account available in one application. Its automated saving features help save while customer spend and help sweep money from low interest to higher interest everyday. Also, Kept is the only digital banking application in Thailand that offers a simple and seamless referral programme.

Customer Experience: Kept digitally onboarded more than 130,000 new customers with strong engagement 

Some 700,000 users downloaded the Kept app within a few months after its launch in July 2020. More than 130,000 new customers have been digitally onboarded with strong engagement. Kept enhanced Krungsri's brand image especially among millennials and boosted the number of new-to-bank customers successfully. 

Compared with other incumbents in the region such as China Construction Bank (China), Maybank (Malaysia) and ING Bank (Philippines), every feature in Kept was designed based on in-depth knowledge and insight to solve customers' pain points in money management and maintain financial discipline. Compared with its competitors, Kept has an edge in automated saving features, gamifying banking application characteristics and three innovative savings accounts. 

AboutThe Asian Banker International

The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The global research company has offices in Singapore, Malaysia, Manila, Hong Kong, Beijing, and Dubai, as well as representatives in London, New York, and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. The company’s website is www.theasianbanker.com 

You may visit the Excellence in Retail Financial Services page at http://awards.asianbankerforums.com/retailfinancial/

For further information, you may get in touch with:

Mobasher Zein Kazmi 

Head of Research

Tel: (+61) 452 514 145

mkazmi@theasianbanker.com