Misplaced Pages

Thanachart Bank: Difference between revisions

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
Browse history interactively← Previous editNext edit →Content deleted Content addedVisualWikitext
Revision as of 07:59, 19 September 2020 editMean as custard (talk | contribs)Extended confirmed users, New page reviewers, Pending changes reviewers, Rollbackers190,573 edits revert to less blatantly promotional versionTag: Undo← Previous edit Revision as of 09:18, 10 February 2021 edit undo101.109.171.17 (talk)No edit summaryNext edit →
Line 53: Line 53:


1. Thai NVDR Co., Ltd. 13.289% 1. Thai NVDR Co., Ltd. 13.289%

2. MBK PUBLIC COMPANY LIMITED 11.150% 2. MBK PUBLIC COMPANY LIMITED 11.150%

3. THANACHART CAPITAL PUBLIC COMPANY LIMITED 6.547% 3. THANACHART CAPITAL PUBLIC COMPANY LIMITED 6.547%

4. STATE STREET EUROPE LIMITED 5.761% 4. STATE STREET EUROPE LIMITED 5.761%

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





==References== ==References==

Revision as of 09:18, 10 February 2021

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
Thailand Banking in Thailand
Central bank
Special Financial Institutions
Commercial banks
Subsidiary of foreign banks
Foreign bank branches
Defunct banks
Categories: