Bangkok Bank
Encyclopedia
Bangkok Bank Public Company Limited ' onMouseout='HidePop("60731")' href="/topics/Royal_Thai_General_System_of_Transcription">RTGS
: Thanakan Krung Thep), is a Thai
commercial bank
, with approximately US$64.6 billion in total assets. Its branch network includes over 1000 branches within Thailand, with 25 international branches or representative offices in 13 economies, spanning ASEAN and major economic countries, including wholly owned subsidiaries in Malaysia and China. Bangkok Bank also own branches in London and New York to complement its extensive network in South East Asia.
The bank is a publicly listed company and among the top five companies in terms of size listed on the Stock Exchange of Thailand
. Its headquarters are located at 333 Silom Road in the Bang Rak
district of Bangkok
. The company's current president is Chartsiri Sophonpanich
, the grandson of its founder and former president Chin Sophonpanich
and the son of former president Chatri Sophonpanich. Bangkok Bank's executive chairman is Kosit Panpiemras.
Bangkok Bank has a full range of business, investment banking and personal banking services. It is one of the most active global traders of Thai Baht and Thai Baht denominated bonds. The bank trades in all major currencies as well as a large number of regional currencies. Other services include same day transactions in import and export bills, inward and outward remittances, swaps, options and forward contract
s and trading in the primary and secondary markets for government bonds and corporate debentures.
The company received a royal warrant of appointment for its services and has the privilege to display the royal Garuda
since 1967.
The SWIFT
Code for Bangkok Bank is BKKBTHBK.
Royal Thai General System of Transcription
The Royal Thai General System of Transcription is the official system for rendering Thai language words in the Latin alphabet, published by the Royal Institute of Thailand...
: Thanakan Krung Thep), is a Thai
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
commercial bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
, with approximately US$64.6 billion in total assets. Its branch network includes over 1000 branches within Thailand, with 25 international branches or representative offices in 13 economies, spanning ASEAN and major economic countries, including wholly owned subsidiaries in Malaysia and China. Bangkok Bank also own branches in London and New York to complement its extensive network in South East Asia.
History
Bangkok Bank was established in 1944. With more than 18 million accounts, it is Thailand’s largest bank, and the seventh largest regional bank in Southeast Asia.The bank is a publicly listed company and among the top five companies in terms of size listed on the Stock Exchange of Thailand
Stock Exchange of Thailand
The Stock Exchange of Thailand is the national stock exchange of Thailand. It is located in Bangkok. As of 31 December 2007, the Stock Exchange of Thailand had 541 listed companies with a combined market capitalization of $280 billion. The indices of the stock exchange are SET Index, SET50 Index...
. Its headquarters are located at 333 Silom Road in the Bang Rak
Bang Rak
Bang Rak is one of the 50 districts of Bangkok, Thailand. The district is bounded by four other districts : Pathum Wan, Sathon, Khlong San , and Samphanthawong. It was established in 1912.-History:...
district of Bangkok
Bangkok
Bangkok is the capital and largest urban area city in Thailand. It is known in Thai as Krung Thep Maha Nakhon or simply Krung Thep , meaning "city of angels." The full name of Bangkok is Krung Thep Mahanakhon Amon Rattanakosin Mahintharayutthaya Mahadilok Phop Noppharat Ratchathani Burirom...
. The company's current president is Chartsiri Sophonpanich
Chartsiri Sophonpanich
Chartsiri Sophonpanich is the first son of Chatri Sophonpanich , and serves as the bank's President and as a member of the Board of Executive Director's of Bangkok Bank since 1994 & 1992 respectively....
, the grandson of its founder and former president Chin Sophonpanich
Chin Sophonpanich
- Biography :Chin was born to a Chinese immigrant father from Chaoyang, who was a sawmill clerk, and a Thai mother in Thonburi, Bangkok, although some sources stated otherwise that he was born in Shantou before he migrated to Thailand...
and the son of former president Chatri Sophonpanich. Bangkok Bank's executive chairman is Kosit Panpiemras.
Bangkok Bank has a full range of business, investment banking and personal banking services. It is one of the most active global traders of Thai Baht and Thai Baht denominated bonds. The bank trades in all major currencies as well as a large number of regional currencies. Other services include same day transactions in import and export bills, inward and outward remittances, swaps, options and forward contract
Forward contract
In finance, a forward contract or simply a forward is a non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed today. This is in contrast to a spot contract, which is an agreement to buy or sell an asset today. It costs nothing to enter a...
s and trading in the primary and secondary markets for government bonds and corporate debentures.
The company received a royal warrant of appointment for its services and has the privilege to display the royal Garuda
Garuda
The Garuda is a large mythical bird or bird-like creature that appears in both Hindu and Buddhist mythology.From an Indian perspective, Garuda is the Hindu name for the constellation Aquila and...
since 1967.
The SWIFT
Swift
The swifts are a family, Apodidae, of highly aerial birds. They are superficially similar to swallows, but are actually not closely related to passerine species at all; swifts are in the separate order Apodiformes, which they share with hummingbirds...
Code for Bangkok Bank is BKKBTHBK.
Leadership
Presidents of Bangkok Bank since its founding are:- Luang Roprukit, 1944-1952
- Chin SophonpanichChin Sophonpanich- Biography :Chin was born to a Chinese immigrant father from Chaoyang, who was a sawmill clerk, and a Thai mother in Thonburi, Bangkok, although some sources stated otherwise that he was born in Shantou before he migrated to Thailand...
, 1952-1977 - Boonchu RojanastienBoonchu RojanastienBoonchu Rojanastien was a Thai-Chinese banker. Touted as Thailand's first "economics tsar", he served in the government of Kukrit Pramoj in 1975 and 1976...
, 1977-1980 - Chatri SophonpanichChatri SophonpanichChatri Sophonpanich , is second son of Chin Sophonpanich, and serves as the Chairman of the Board of Directors of Bangkok Bank since 1999.-References:...
, 1980-1992 - Vichit Suraphongchai, 1992-1994
- Chartsiri SophonpanichChartsiri SophonpanichChartsiri Sophonpanich is the first son of Chatri Sophonpanich , and serves as the bank's President and as a member of the Board of Executive Director's of Bangkok Bank since 1994 & 1992 respectively....
, 1994-present