July 11, 2014 11:16 AM ET

Banks

Company Overview of Thanachart Bank Public Company Limited

Company Overview

Thanachart Bank Public Company Limited provides banking services in Thailand. Its deposit products include saving deposits, fixed deposits, current deposits, foreign currency deposits, and tax-free monthly deposits. The company’s loan portfolio comprises corporate loans, including loans for corporate customers and small and medium-sized enterprises (SMEs); automobile loans for SMEs; automobile hire purchase loans; secured and unsecured personal loans; and trade finance services, which include import letter of credit, trust receipt, collection agency of D/P and D/A for oversea buyers, packing credit, export bills purchased/discounted, export bills for collection, letter of guarantee, and stan...

900 Tonson Tower

Ploenchit Road

Lumpini

Pathumwan

Bangkok,  10330

Thailand

Founded in 2002

Phone:

66 2 655 9000

Fax:

66 2 655 9001

Key Executives for Thanachart Bank Public Company Limited

Chief Executive Officer
Age: 57
Chief Financial Officer and Executive Vice President
Age: 50
Executive Director
Age: 68
Deputy Chief Executive Officer and Executive Director
Age: 50
Executive Vice President and Executive Director
Age: 56
Compensation as of Fiscal Year 2014.

Thanachart Bank Public Company Limited Key Developments

Thanachart Bank plc Announces Change of Head Office Address, Effective August 4, 2014

Thanachart Bank Plc announced that from August 4, 2014 onwards, the Bank will change its head office address from the previous address to the following address: 444, MBK Tower, Phayathai Road, Wangmai, Pathumwan, Bangkok 10330.

Thanachart Bank Public Company Limited Announces Consolidated and Company Earnings Results for the First Quarter of 2014

Thanachart Bank Public Company Limited announced consolidated and company earnings results for the first quarter of 2014. For the quarter, on consolidated basis, the company reported net profit of THB 2,554,893,000 or THB 0.46 per share compared to THB 2,961,041,000 or THB 0.54 per share a year ago. This was mainly due to a decrease in non-interest income, particularly from securities business following the market condition and the share of profit from investments in associated companies accounted for under the equity method. For the quarter, on company basis, the company reported net profit of THB 1,922,809,000 or THB 0.35 per share compared to THB 1,707,005,000 or THB 0.31 per share a year ago.

GHL (Thailand) Co., Ltd. and Thanachart Bank to Launch Merchant Acquiring Service

GHL (Thailand) Co Ltd. and Thanachart Bank Public Co Ltd. have signed an agreement to jointly develop and launch a third-party merchant acquiring service. GHL Systems said the TPA service would enable GHL Thailand to directly contract with merchants to provide credit card payment services with Thanachart Bank as the underlying bank that will obtain authorisation for the credit card transactions. Both GHL and Thanachart Bank hope to sign up more merchants to offer alternative payment solutions rather than traditional cash payments.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 5, 2014
Siam City Life Assurance Public Company Limited
 

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