Kasikornbank expands its Global Wealth service on K PLUS, focusing on international investments in USD.

K WEALTH, Kasikornbank, upgrades K PLUS to a Global Wealth Platform, offering international investments in USD, savings with 2.25% annual interest, and gold and global fund trading—all within a single app.

September 2, 2569 – Dr. Treepol Poomivasana, K WEALTH CIO of Kasikornbank, revealed that the USD remains the primary currency in the global financial system, accounting for approximately 58% of global foreign exchange reserves and approximately 89% of all transactions in the foreign exchange market. This reflects the USD's role as a major currency for investment and international transactions.

Therefore, for Thai investors, having a proportion of investments abroad and holding USD serves as both a tool to diversify risk away from the Thai economy and a way to access global investment opportunities that may be unavailable or have limited options in the Thai market.

“K WEALTH maintains a positive outlook on the AI ​​industry, particularly in the Asian region, which is expected to continue growing well in the long term. Meanwhile, we estimate that the Thai baht has the potential to weaken further to 33.80 baht by the end of 2569,” said Dr. Treepol.

Kasikornbank has therefore upgraded K PLUS to become a comprehensive global wealth platform, enabling Thai investors to access international markets conveniently, quickly, and securely. It connects all aspects of international investment through direct USD investments, allowing users to exchange funds via their K PLUS Global Savings account for investment in foreign mutual funds, as well as offering gold buying and selling services with leading gold shops. This increases opportunities for returns, reduces the cost of multiple currency conversions, and diversifies portfolio risk amidst global economic volatility.

K PLUS offers a comprehensive range of financial services for saving and investing in foreign currencies, including:

• Save in foreign currencies through the K PLUS Global Savings account. This foreign currency deposit account supports 10 currencies and offers a high interest rate of 2.25% per year* on USD deposits. There is no minimum deposit and no limit on the amount, allowing customers to gradually accumulate USD before investing in gold or foreign funds according to their investment plan. They also receive interest returns while waiting for investment opportunities, meeting the needs of investors who want to manage both assets and currencies simultaneously.
• Connect high-quality global funds, such as the K-GSF (USD) fund, which invests in USD-denominated bonds worldwide through the JPMorgan Liquidity Fund, managed by JP Morgan Asset Management, a world-leading fund management company. This is supported by a team of experts with over 20 years of experience and the use of world-class credit research to select and manage the investment portfolio. Additional USD-denominated funds with other themes will be launched in the future.
• Buy and sell gold in USD, connecting with leading gold retailers in Thailand, including Hua Seng Heng and Mae Thong Suk (MTS Gold). Soon, Aurora and YLG will also be available, giving investors diverse options to buy and sell gold (99.99% and 96.5% purity) in USD. Time your investments with real-time USD buy and sell orders, directly referencing global market prices, with no fees, enabling more efficient investment management.

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