The Thai National Banking Bureau, set up in 1939, As a central bank,
the Bank of Thailand undertakes the following: Formulate monetary policy
and recommend economic policy to the government Provide banking facilities
to the government, state enterprises and financial institutions Supervise
financial institutions to ensure that they are secure and supportive of
economic development Develop and supervise the financial system Promote
priority economic sectors Print and issue bank notes Manage the country's
assets and liabilities Represent Thailand in international organizations
and cooperate with other central banks Provide and disseminate economic
and financial information both in Thailand and abroad.
From that humble beginning in December 1944, Bangkok Bank has grown
by leaps and bounds and is today, not only the largest Thai commercial
bank, but one of the largest in South East Asia. Total assets stand at
approximately US$ 40.00 billion, and the present workforce numbers about
25,000 persons.
Bangkok Bank has been a pioneer in the use of modern technology in
its operations as well as in the introduction of a full range electronic
banking products to the domestic market.
On the international front, Bangkok Bank has total overseas branch
network today stands at 22, plus 3 representative offices. Apart from the
4 branches in the West, all other outlets are in East and South East Asia.
The Bank, having placed its entire domestic branch network on-line, is
currently doing the same with its international network.
The Thai Farmers Bank Public Company Limited is the third largest commercial
bank in Thailand in terms of total assets, loans and deposits and operates
one of the largest branch networks in the country. The Bank provides a
full range of consumer, commercial and corporate banking services, including
lending, retail and wholesale banking, credit card services, international
trade financing, custodian services and merchant banking.
Based on statistics prepared by the Bank of Thailand, the Bank had
market shares for domestic loans and deposits of 13.3% and 13.7%, respectively,
as of December 31,1995. The Bank was established in 1945 and has been listed
on the Stock Exchange of Thailand since 1976. The Bank is the third largest
company by market capitalization on the SET. The Bank had assets of Bank
629.6 billion (US$24.8 billion), loans (including accrued interest) of
Baht 533.0billion (US$21. billion) and deposits of Baht 510.3 billion (US$20.1
billion) as of June 30, 1996. In 1995, the Bank had a return on average
assets of 2.1% and a return on average shareholders' equity of 23.5%.
As of June 30,1996 the Bank operated 491 branches located throughout
Thailand's 76 provinces,including 145 branches in Bangkok. The Bank also
currently operates nine branches and six representative offices overseas
and 37 foreign exchange offices in Thailand.The Bank's new headquarters
building, completed in 1995, incorporates the latest in fiber-optic communications
equipment to facilitate the increasing computerization of the Bank's operations.
The Bank's Thai Farmers Bank Credit Card was among the first credit
cards introduced in Thailand and it remains the market leader among Thai
bank credit cards with approximately 289,000 cards in issue as of June
30, 1996 and today has one of the most extensive ATM networks in the country
with approximately 578 ATM machines throughout Thailand.
Siam Commercial Bank, with its adroit management, and with the full
co-operation from all levels of its personnel, together with aggressive
policy enacted in response to fluctuating economic conditions, managed
to earn a net profit of THB 7,755 million (7.755 billion). This is up by
25% from last year and was equivalent to THB 20.40 per share, an increase
of THB 4.07 from 1994. Deposits amounted to THB 342,191 million, which
exceeded last year's figure by 23.4 %. Meanwhile, credit outstanding totalled
THB 371,954 million, an increase of 25.8 % over the previous year's figure.
At the end of 1995, total assets amounted to THB 453,370 million, up 23.3
% from the end of 1994.
Bank of Ayudhya Public Company Limited has been operating as a commercial
bank with the supports and trusts of the people of Thailand for more than
half a century since its opening on April 1, 1945. Bank of Ayudhya Public
Company Limited offers a complete line of commercial bank services encompassing
such simple products as a savings account and more sophisticated services
such as housing loan insurance program, underwriting and trading of debt
instruments, and Bangkok International Banking Facility (BIBF).
more details, please see
Bank of Ayudhya WWW Back to Bank Listed PageReturn to SiamBusiness Home Page
Address : 35 SUKHUMVIT RD.,PRAKHANONG,BANGKOK 10110 Telephone : 2552222
Fax : 2559391-6
Authorized Capital : 14850.00 M.BAHT
PaidUp Capital : - Common Stock 14795.00 M.BAHT - Preferred Stock 55.00
M.BAHT
Foreign Limit : 25.00 % Foreign Available : 122585592 SHARES
Dividend Policy : About 40% of net profit Additional Information :
more details, please see
Krung Thai Bank WWW Back to Bank Listed PageReturn to SiamBusiness Home PageThai Military Bank
Address : 3000 PHAHOLYOTIN RD., LADYAOU, CHATUCHAK, BANGKOK 10900 Telephone
: 299-1111, 273-7020 Fax : 273-7121-4
Authorized Capital : 7000.00 M.BAHT
PaidUp Capital : - Common Stock 5132.08 M.BAHT
Foreign Limit : 25.00 % Foreign Available : 0 SHARES
Dividend Policy : About 40% of net profit depending on financial situation Back to Bank Listed PageReturn to SiamBusiness Home PageThai Danu Bank
Address : 393 SILOM ROAD,BANGRUK,BANGKOK 10500
Telephone : 2339160-79,2305000 Fax : (662) 2367939
Authorized Capital : 2550.00 M.BAHT
PaidUp Capital : - Common Stock 2500.00 M.BAHT
Foreign Limit : 25.00 % Foreign Available : 39055600 SHARES
Dividend Policy : The bank will attempt to maintain the dividend at
consistent rate depend on economics situation
Major Activities : Provides a wide range of retail and wholesale banking
services including international banking. Major services are corporate
loans, syndication, foreign exchange & treasury products, custodian
service, trade financing, personal loans and housing loans. Back to Bank Listed PageReturn to SiamBusiness Home PageBank of Asia
Address : 191 SOUTH SATHORN RD., YANNAWA, BANGKOK 10120 Telephone :
2872211-3 Fax : 2872973-4
Authorized Capital : 4932.34 M.BAHT
PaidUp Capital : - Common Stock 4232.47 M.BAHT
Foreign Limit : 25.00 % Foreign Available : 79706744 SHARES
Dividend Policy : The bank will attempt to pay dividends to shareholders
at an increasing rate each year Back to Bank Listed PageReturn to SiamBusiness Home PageFirst
Bangkok City Bank
From Humble Origins....to become the Kingdom's seventh Largest Bank.
From a modest beginning 60 years ago, the First Bangkok City Bank Public
Company Limited ( FBCB ) has grown tremendously in stature. Over the years,
it has build itstelf into becoming one of Thailand's leading financial
institutions, gaining public trust and confidence in the process. FBCB
is more than just a public commercial bank: on a larger scale, it is also
a development agent for promoting national progress.
In terms of assets, FBCB today ranks seventh of the 15 Thai commercial
banks. Aside from retail, commercial, corporate and merchant banking services,
it also provides a host of international banking facilities including off
- shore funding, various monetary transactions in all major world currencies
and investment advice to foreign investors. FBCB is a member of Bangkok
International Banking facilities ( BIBF )
Domestically, the Bank has strengthened its services through increasing
the number of its branches nationwide and through expanding its on - line
electronic banking network. Internationally, FBCB has built a global network
of over 1,400 correspondent banks. In 1993, the Bank opened its first overseas
branch in Cayman Islands.
Nakornthon Bank was established as a commercial bank in 1933, following
approval of the Ministry of Finance. For over six decades since its inception,
Nakornthon bank has consistently excelled in providing first class banking
and financial services to its Thai clientele. It is the second oldest Thai
commercial bank to maintain continuous operations. In the early stages
of its business, the Bank was known as the Wang Lee Chan Bank and was located
on Chieng Mai Road, Klongsan, Thonburi. Bank relocated its head office
to 90 North Sathorn Road, Bangkok in April 1985. The Bank has been a listed
company in the Securities Exchange of Thailand since November 1983. Very
soon thereafter, Wang Lee Bank changed its name to Nakornthon Bank, and
on June 15, 1993, Nakornthon Bank became a publicly listed company.
The Laem Thong Bank Public Company Limited is a full-service Commercial
Bank, one of the 15 domestic banks in Thailand. It has total assets exceeding
Baht 35 billion and employs nearly 1000 people.
Established in 1948, the Laem Thong Bank has expanded steadily and
has an extensive and growing network of branches in Bangkok and many significant
commercial centers in Thailand. It has a varied customer base - ranging
from blue chip conglomerates to a large mix of retail customers.
The Bank is organized in three business groups: Corporate and Investment
Bank; Retail Bank and Private Bank. As the name suggests, each business
group is focused on meeting the needs of specific customer segments. The
business groups are comprised by a number of teams - each of which is focused
at providing our customers with a competitive and value-added service.
more details, please see
Laem Thong Bank WWW Back to Bank Listed PageReturn to SiamBusiness Home PageBangkok Metropolitan Bank
Address : 2 CHALERMKHET 4 RD., SUANMALI,BANGKOK 10100 Telephone : 2230561
Fax : (662) 2243768
Sector : Banking Authorized Capital : 15000.00 M.BAHT
PaidUp Capital : - Common Stock 9815.09 M.BAHT - Preferred Stock 2.00
M.BAHT
Foreign Limit : 25.00 % Foreign Available : 174459616 SHARES
Dividend Policy : The bank will attempt to pay dividends at an appropriate
rate while focus on adding up book value Back to Bank Listed PageReturn to SiamBusiness Home PageThe Union Bank of Bangkok
Address : 1600 NEW PETCHABURI RD.,PHAYATHAI, BANGKOK 10310 Telephone
: 2530488 Fax : (662) 2537428
Authorized Capital : 800.00 M.BAHT PaidUp Capital : - Common Stock
750.00 M.BAHT
Foreign Limit : 25.00 % Foreign Available : 3967820 SHARES
Dividend Policy : At the rate depending on the operation Back to Bank Listed PageReturn to SiamBusiness Home PageThe Industrial Finance Corporation
of Thailand
Address : 1770 NEW PETCHABURI ROAD, BANGKOK 10310 Telephone : 2537111,
2539666 Fax : 2539677
Authorized Capital : 7000.00 M.BAHT
PaidUp Capital : - Common Stock 5447.67 M.BAHT
Foreign Limit : 49.00 % Foreign Available : 0 SHARES
Dividend Policy : Making dividend at an appropriate rate for investment
depending on the operation
Major Activities : The Industrial Finance Corporation of Thailand is
a development financing institution established by a special act in 1959.
Its main objectives are to promote and finance private sector industrial
enterprises and to develop the domestic capital market. Back to Bank Listed PageReturn to SiamBusiness Home PageThe
Government Housing Bank
The Government Housing Bank was established under the Government Housing
Bank Act of l953 as a wholly owned special-purpose financial institution
of the Ministry of Finance with an initial capital of US$ 800,000. As of
year ending December 31, l994 total capital was US$58.49 millions and total
assets of US$ 4,436.76 millions.
Initially GHB objectives were to mobilize funds for on-lending as well
as to engage in land-subdivision and to construct houses for sale to general
public. GHB became the first in Thailand which acquired land and developed
several sub-division projects in Bangkok. Other than financing its own
projects and providing end-financing to its buyers there were few other
demands for its loans. The GHB quietly existed for the first two decades
of its inception, its only achievement were a few land and housing development
projects. In response to the changing housing situation which was deemed
to be worsening, in l972 the National Housing Authority (NHA) was established
by the Government to embark on large scale public housing construction
programmes. Hence, GHB Act was amended with housing development activities
transferred to NHA and to emphasize the role of GHB as the principle housing
finance institution of the country at a time when other financial institutions
showed little interest in housing financing.
As at November 1995, GHB has 16 main branches in Bangkok Metropolitan
Region, 20 main branches and 82 sub-branches in the regional cities. With
a current total staff of about 1,500 the GHB remains the most staff-efficient
bank with the highest loan asset per capita ratio. The Bank's new on-line
computer system for both deposit taking and lending operations was fully
installed for all branches in l99l. The on-line loan origination and servicing
system is the first of this type in the country.
more details, please see
The Government Housing Bank WWW Back to Bank Listed PageReturn to SiamBusiness Home Page
Bank for Agriculture and Agricultural Cooperatives
Address: 469 Nakhonsawan Rd., Bangkok 10300
Tel: (662) 280-0180, 280-5320-34 Fax: (662) 281-3082, 281-6164, 280-0442
Export-Import Bank of Thailand
Address: Boonpong Tower 17 fl., 1193 Phaholyothin Rd., Bangkok 10400
Tel: 271-3700, 278-0047 Fax: 271-3204
Government Savings Bank
Address: 470 Phaholyothin Rd., Bangkok
Tel: 279-0060, 279-8538-40 Back to Bank Listed PageReturn
to SiamBusiness Home PageLast Updated: Jan 20th 1998.
