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| caption = | caption =
| type = ] | type = ]
| traded_as = Parent Company is traded as {{SET|TMB}} | traded_as = {{SET|TCAP}}
| fate = | fate =
| predecessor = | predecessor =
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| location_city = ], ]<ref name=TB-Profile>{{cite web|title=Bank's Profile|url=http://www.thanachartbank.co.th/TbankCMSFrontend/aboutusendetail.aspx?aboutid=1|website=Thanachart Bank|accessdate=1 January 2016}}</ref> | location_city = ], ]<ref name=TB-Profile>{{cite web|title=Bank's Profile|url=http://www.thanachartbank.co.th/TbankCMSFrontend/aboutusendetail.aspx?aboutid=1|website=Thanachart Bank|accessdate=1 January 2016}}</ref>
| location_country = Thailand | location_country = Thailand
| locations = 494 branches, 51 foreign exchange booths,<ref>{{cite web |title=Annual Report 2019 |url=https://www.thanachartbank.co.th/TbankCMSFrontend/downloadinvestor.aspx?detailid=714&lang=en&groupid=5&id=1 |website=AR2019}}</ref> | locations = 617 branches, 51 foreign exchange booths,<ref name=TB-AR2014 />{{RP|3}} 2,100 ATMs<ref name=TB-AR2014 />{{RP|45}}
| area_served = Thailand | area_served = Thailand
| key_people = Mr. Praphan Anupongongarch, President of TMB <ref>{{cite web|title=Board of Directors|url=http://www.thanachartbank.co.th/TbankCMSFrontend/AboutUsenDetail.aspx?AboutID=4&AboutDetailID=4|website=Thanachart Bank|accessdate=1 January 2016}}</ref> | key_people = Mr Somjate Moosirilert, President and CEO<ref>{{cite web|title=Board of Directors|url=http://www.thanachartbank.co.th/TbankCMSFrontend/AboutUsenDetail.aspx?AboutID=4&AboutDetailID=4|website=Thanachart Bank|accessdate=1 January 2016}}</ref>
| industry = Banking | industry = Banking
| products = | products =
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| revenue = | revenue =
| operating_income = | operating_income =
| net_income = 25,621 million baht<ref>{{cite web |title=Annual Report 2019 |url=https://www.thanachartbank.co.th/TbankCMSFrontend/downloadinvestor.aspx?detailid=714&lang=en&groupid=5&id=1 |website=AR2019}}</ref> | net_income = 9,922 million baht<ref name=TB-AR2014 />{{RP|2}}
| aum = | aum =
| assets = 1,003,721 million baht<ref>{{cite web |title=Annual Report 2019 |url=https://www.thanachartbank.co.th/TbankCMSFrontend/downloadinvestor.aspx?detailid=714&lang=en&groupid=5&id=1 |website=AR2019}}</ref> | assets = 1,008,890 million baht<ref name=TB-AR2014 />{{RP|2}}
| equity = | equity =
| owner = | owner =
| num_employees = 14,806<ref name=TB-AR2014 />{{RP|3}}
| num_employees = 11,637 <ref>{{cite web |title=Annual Report 2019 |url=https://www.thanachartbank.co.th/TbankCMSFrontend/downloadinvestor.aspx?detailid=714&lang=en&groupid=5&id=1 |website=AR2019}}</ref>
| parent = TMB Bank PCL (]) | parent = Thanachart Capital PCL (TCAP)
| divisions = | divisions =
| subsid = | subsid =
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}} }}


'''Thanachart Bank Public Company Limited''' (TBank) ({{lang-th|ธนาคารธนชาต}}) is a bank headquartered in ], ]. It commenced operations on 22 April 2002 with Thanachart Capital PCL (TCAP) as its parent company.<ref name="TB-AR2014">{{cite book|url=http://www.thanachartbank.co.th/TbankCMSFrontend/investorgroupen.aspx?investorid=1|title=Annual Report 2014, Thanachart Bank Public Company Limited|date=2015|publisher=Thanachart Bank|location=Bangkok|accessdate=1 January 2016}}</ref>{{RP|30}} The bank is Thailand's sixth-largest bank (in assets).<ref name="BP-20190704">{{cite news |last1=Chantanusornsiri |first1=Wichit |title=TMB-TBank marriage creeps a step closer |url=https://www.bangkokpost.com/business/1706654/tmb-tbank-marriage-creeps-a-step-closer |accessdate=4 July 2019 |work=Bangkok Post |date=4 July 2019}}</ref><ref name=TB-Profile /> '''Thanachart Bank Public Company Limited''' (TBank) ({{lang-th|ธนาคารธนชาต}}) is a bank headquartered in ], ]. It commenced operations on 22 April 2002 with Thanachart Capital PCL (TCAP) as its parent company.<ref name="TB-AR2014">{{cite book|url=http://www.thanachartbank.co.th/TbankCMSFrontend/investorgroupen.aspx?investorid=1|title=Annual Report 2014, Thanachart Bank Public Company Limited|date=2015|publisher=Thanachart Bank|location=Bangkok|accessdate=1 January 2016}}</ref>{{RP|30}}. The bank is Thailand's sixth-largest bank (in assets).<ref name="BP-20190704">{{cite news |last1=Chantanusornsiri |first1=Wichit |title=TMB-TBank marriage creeps a step closer |url=https://www.bangkokpost.com/business/1706654/tmb-tbank-marriage-creeps-a-step-closer |accessdate=4 July 2019 |work=Bangkok Post |date=4 July 2019}}</ref><ref name=TB-Profile />


== History== == History==
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==TMB-Thanachart Bank== ==TMB-Thanachart Bank==
In 2019, Thanachart agreed to merge with ], a retail bank in Thailand, which would make the merged bank the sixth largest bank in Thailand.<ref>https://www.reuters.com/article/us-thanachart-bank-m-a-tmb-bank/thailands-tmb-and-thanachart-bank-sign-4-billion-merger-mou-idUSKCN1QF1G0</ref> The merger is expected to be completed in 2021.<ref>{{cite web |title=HISTORY OF THE BUSINESS COMBINATION |url=https://www.thanachartbank.co.th/integration/background.html |website=Thanachart Bank |accessdate=6 April 2020 |date=29 November 2019}}</ref> In 2019, Thanachart agreed to merge with ], a retail bank in Thailand, which would make the merged bank the sixth largest bank in Thailand.<ref>https://www.reuters.com/article/us-thanachart-bank-m-a-tmb-bank/thailands-tmb-and-thanachart-bank-sign-4-billion-merger-mou-idUSKCN1QF1G0</ref> The merger is expected to be completed in 2021.<ref>{{cite web |title=HISTORY OF THE BUSINESS COMBINATION |url=https://www.thanachartbank.co.th/integration/background.html |website=Thanachart Bank |accessdate=6 April 2020 |date=29 November 2019}}</ref>Initially, TMB-Thanachart will have 91 branches, 58 in Bangkok and 33 in the provinces. ] is President of TMB-Thanachart Bank.<ref>{{cite news |last1=Banchongduang |first1=Somruedi |title=91 branches for merged bank |url=https://www.bangkokpost.com/business/1902260/91-branches-for-merged-bank?utm_campaign=enewsletter%20regular&utm_source=enewsletter_alert&utm_medium=Business |accessdate=18 April 2020 |work=Bangkok Post |date=18 April 2020}}</ref>


==Performance==
As of August 2020, the merger between TMB Bank (TMB) and Thanachart Bank (TBANK) proceeds as planned, with an expected completion date of July 2021. TMB and TBANK are committed to synergizing their banking and financial service offerings for the benefit of their customers and for a better banking experience. Both banks’ services are connected seamlessly, including co-locations, bill payments, car loan payments and a surcharge-free ATM network. The integrated organisation will exemplify a new definition of banking and will lead the Thai banking industry, as it will provide customers with better financial well-being.
For the year ending 31 December 2014, Thanachart reported total assets of 1,008,890 million baht. Net profit for the year was 9,922 million baht.<ref name=TB-AR2014 />{{RP|2}} At the end of 2014 the bank had 617 branches, 51 ] booths, 14,806 employees<ref name=TB-AR2014 />{{RP|3}}, and 2,100 ]s.<ref name=TB-AR2014 />{{RP|45}} It has four million customers at 600 branches nationwide.


==Shareholder==
'''Customer Service Update:''' Both banks’ electronic service offerings have been connected seamlessly, providing convenience for customers. Customers can now make payments for the following TBANK products – auto loans, car insurance, home loans, personal loans, credit cards, and debit cards – via the TMB TOUCH mobile application and TMB ATMs (except for home loans and car insurance payments). Meanwhile, TMB customers can use TBANK’s ATMs for cardless withdrawal function. Moreover, our customers can access both TMB and TBANK’s 4,900 ATM/ADM kiosks across the country as if they belonged to the same banking network. Whether you’d like to deposit, withdraw or transfer money, all transactions can be done with no extra fee.
Major shareholders as of 10 March 2020:<ref>http://investor.thanachart.co.th/shareholdings.html</ref>


1. Thai NVDR Co., Ltd. 13.289%
Moreover, TMB and TBANK co-locations have officially been launched since the beginning of this year and have received much positive feedback. Co-locations make it easy for customers to access our products and services and serve their needs. As of June 2020, 44 TMB and TBANK co-locations are now available in Thailand. By the end of 2020, around 100 co-locations will be open: 60 in the Bangkok metropolitan area and more than 30 branches in provincial areas. In addition, TMB branch staff are now eligible to recommend TBANK’s car loan products – whether new car loans, used car loans, or car for cash loans – to customers. This progress illustrates our commitment to offering the best products and services to our customers.


2. MBK PUBLIC COMPANY LIMITED 11.150%
'''Human Resources Update:''' Human resource reorganisation and staff transfers have proceeded as planned, thanks to TMB and TBANK’s 100% collaboration and enthusiasm. The staff are excited and ready to embark on a new journey with the new team, increasing the potential for the new bank. All of the new bank’s executives have been working together since the beginning of the year. In the past six months, we have re-located some of the staff to join the new team, including senior management officers, as well as supervisory and operational staff.
Despite the current COVID-19 pandemic, our plan advances smoothly and we continue to meet our target goals. The cooperation and passion of the team has helped drive the tremendous progress of this merger.
<ref>{{cite web |title=Latest updates on the TMB and TBANK merger |url=https://www.bangkokpost.com/thailand/pr/1967567/latest-updates-on-the-tmb-and-tbank-merger |website=Bangkok Post |publisher=Bangkok Post |accessdate=13 August 2020}}</ref>


3. THANACHART CAPITAL PUBLIC COMPANY LIMITED 6.547%


4. STATE STREET EUROPE LIMITED 5.761%
==Performance==
For the year ending 31 December 2019, Thanachart Bank reported total assets of 1,003,721 million baht. Net profit for the year was 25,621 million baht.<ref name=TB-AR2019 />{{RP|2}} At the end of 2019 the bank had 494 branches, 11,296 employees<ref name=TB-AR2019 />{{RP|3}}, and 1,837 ]s.<ref name=TB-AR2019 />{{RP|45}} It has more than four million customers nationwide.


5. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 2.450%
==Shareholder==
Major shareholders as of 29 July 2020:<ref>https://www.thanachartbank.co.th/TbankCMSFrontend/downloadinvestor.aspx?detailid=723&lang=en&groupid=8&id=2</ref>


# TMB Bank Public Company Limited - 6,063,411,688 shares (99.9761%)
# Ms. Kittima Tolieng - 173,278 shares (0.0029%)
# Ms. Piengjai Hanphanit - 96,665 shares (0.0016%)
# Mr. Kobchai Chirathivat - 84,809 shares (0.0014%)
# Mr. Thanawat Chareonthassanont - 70,000 shares (0.0012%)
# Mr. Somyos Jittipralungsri by receiver of Thai Finance and Securities Plc. - 60,000 shares (0.0010%)
# Mr. Kittichai Kraikorkit - 53,658 shares (0.0009%)
# Mrs. Sorranee Deephanphongs - 43,285 shares (0.0007%)
# Mr. Wayne Huang - 40,000 shares (0.0007%)
# Mr. Chuan Tomeechai - 36,000 shares (0.0006%)







<ref>https://www.thanachartbank.co.th/TbankCMSFrontend/downloadinvestor.aspx?detailid=714&lang=en&groupid=5&id=1</ref>
==References== ==References==
{{reflist}} {{reflist}}

{{Banking in Thailand}} {{Banking in Thailand}}



Revision as of 07:59, 19 September 2020

Thanachart Bank
ธนาคารธนชาต
Company typePublic
Traded asSETTCAP
IndustryBanking
HeadquartersPathum Wan, Bangkok, Thailand
Number of locations617 branches, 51 foreign exchange booths, 2,100 ATMs
Area servedThailand
Key peopleMr Somjate Moosirilert, President and CEO
Net income9,922 million baht
Total assets1,008,890 million baht
Number of employees14,806
ParentThanachart Capital PCL (TCAP)
Websitewww.thanachartbank.co.th

Thanachart Bank Public Company Limited (TBank) (Template:Lang-th) is a bank headquartered in Bangkok, Thailand. It commenced operations on 22 April 2002 with Thanachart Capital PCL (TCAP) as its parent company.. The bank is Thailand's sixth-largest bank (in assets).

History

Thanachart Bank began operations on 22 April 2002 with a restricted banking license. It was granted a full commercial banking license by the Ministry of Finance on 1 March 2004.

In 2007, Scotiabank bought 24.98 percent of TBank's shares, later increased to 48.99 percent. TCAP's shareholding portion decreased to 50.92 percent. In July 2011 Scotiabank transferred all of its Thanachart Bank shareholdings to Scotia Netherlands Holdings B.V. As of 31 December 2014, TBank was 50.96 percent owned by TCAP and 48.99 percent owned by Scotia Netherlands Holdings.

TMB-Thanachart Bank

In 2019, Thanachart agreed to merge with TMB Bank, a retail bank in Thailand, which would make the merged bank the sixth largest bank in Thailand. The merger is expected to be completed in 2021.Initially, TMB-Thanachart will have 91 branches, 58 in Bangkok and 33 in the provinces. Praphan Anupongongarch is President of TMB-Thanachart Bank.

Performance

For the year ending 31 December 2014, Thanachart reported total assets of 1,008,890 million baht. Net profit for the year was 9,922 million baht. At the end of 2014 the bank had 617 branches, 51 foreign exchange booths, 14,806 employees, and 2,100 ATMs. It has four million customers at 600 branches nationwide.

Shareholder

Major shareholders as of 10 March 2020:

1. Thai NVDR Co., Ltd. 13.289%

2. MBK PUBLIC COMPANY LIMITED 11.150%

3. THANACHART CAPITAL PUBLIC COMPANY LIMITED 6.547%

4. STATE STREET EUROPE LIMITED 5.761%

5. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 2.450%



References

  1. ^ "Bank's Profile". Thanachart Bank. Retrieved 1 January 2016.
  2. ^ Annual Report 2014, Thanachart Bank Public Company Limited. Bangkok: Thanachart Bank. 2015. Retrieved 1 January 2016.
  3. "Board of Directors". Thanachart Bank. Retrieved 1 January 2016.
  4. Chantanusornsiri, Wichit (4 July 2019). "TMB-TBank marriage creeps a step closer". Bangkok Post. Retrieved 4 July 2019.
  5. https://www.reuters.com/article/us-thanachart-bank-m-a-tmb-bank/thailands-tmb-and-thanachart-bank-sign-4-billion-merger-mou-idUSKCN1QF1G0
  6. "HISTORY OF THE BUSINESS COMBINATION". Thanachart Bank. 29 November 2019. Retrieved 6 April 2020.
  7. Banchongduang, Somruedi (18 April 2020). "91 branches for merged bank". Bangkok Post. Retrieved 18 April 2020.
  8. http://investor.thanachart.co.th/shareholdings.html
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