Businessweek

CIMB Thai Bank Public Company Limited provides retail, commercial, corporate, investment, and transactional banking products and services. It offers deposit products, such as savings and current accounts, and fixed deposits; loan products, including cash, personal, home, mortgage, property, education, and business loans; and investment products comprising bills of exchange, mutual funds, and short and long term fixed income products. The company also provides life and non-life insurance products, including retirement and personal accident insurance, auto insurance, and mortgage reducing term assurance products; cash and financial management services; payments services, such as bulk payments, dividends payments, check outsourcing, telegraphic transfers, and tax and import duty fees payment services; and collection services, such as bill payments, direct debit, and check and cash collection services. In addition, it offers liquidity management and account aggregation services; securities services, such as bondholder representative, registrar and paying agent, custodial, agency, and safe keeping services; and investment banking services comprising corporate finance advisory, project finance advisory, debt and equity capital market, cross regional transactions, global cash management, and M&A services. Further, the company provides treasury services, including foreign exchange, derivatives, money markets, fixed income origination, and trading services; Internet and phone banking; and import and export services. It serves small and medium sized enterprises, and corporate and retail customers. The company operates approximately 1,200 branches and 5,100 ATMs in 17 ASEAN countries. The company was formerly known as Bank Thai Public Company Limited and changed its name to CIMB Thai Bank Public Company Limited in May 2009. The company was founded in 1949 and is headquartered in Bangkok, Thailand. CIMB Thai Bank Public Company Limited is a subsidiary of CIMB Bank Berhad.