Corporate Profile > Nature of Business Operation
Nature of Business Operation

Land and House Bank Public Company Limited operated the business as officially on December 19, 2005 which the Bank of Thailand approved the banks operate the business as the retail commercial bank.

On December 16, 2011, the Ministry of Finance, by the recommendation of the Bank of Thailand, approved and upgraded of Land and Houses Retail Bank Public Company Limited from the retail bank into a commercial bank on December 19, 2011 under the name of Land and House Bank Public Company Limited and has official opening on December 19, 2011.

Land and Houses Bank Public Company Limited has determined strategic and business plan for the next 3 years in accordance with the vision and mission, by considering business environments including economic situations, domestic and foreign politics. The bank also considers other internal factors such as strengths, weaknesses, opportunities, risk, key success factors, and other significant issues that must be treated. We shall consider all factors to determine the organization guideline annually and constantly reviewed the operation plan to be updated with the changing situation and environment.

Land and Houses Bank Public Company Limited is ranked at a level of “A-” with “positive” outlook and affirms the rating of LH BANK’s hybrid Tier 2 capital securities at “BBB” by Tris Rating. The company rating reflects bank’s continual improvements in the business and financial profiles including good quality assets and the strengthening of capital base.