Financial Business Group of Companies
Credit- related business • KTB Leasing Company Limited (เคทีบี ลิซซิ่ง) • Krungthai card Public Company Limited (KTC) • Krungthai IBJ Leasing Company Limited
Capital Market and financial advisory business • KT ZMICO Securities Company Limited • Krungthai Asset Management Public Company Limited (KTAM) • KTB Advisory Company Limited (KTBA)
Insurance business • Krungthai –AXA Life insurance Company Limited • Krungthai Panich Insurance Company Limited (KPI)
Supporting business • Krungthai Computer Services Company Limited (KCS) • Krungthai General Services Company Limited (KGS) • Krungthai Legal Services Company Limited (KLS)
Krungthai Bank’s status of founder or shareholder of its subsidiaries companies is considered as state enterprise business in general but in the form of subsidiaries of a state enterprise.
Transferred Banks and Business Transfer After the Thai government’s majority shareholding, the two bank below had their former name as follows: • Agriculture Bank Company Limited, established in 1950 • Mondhon Bank Company Limited, established in 1942, formerly named Thai Bank Limited These two banks were merged into Krungthai Bank Limited under the Royal Thai Government policy on March 14, 1966.
Other Bank’s Businesses Transferred to Krungthai Bank • Sayam Bank Company Limited, formerly named was Asia Trust Bank Limited, founded in 1965 with its name changed in 1984. It transferred the business on August 17, 1987., certain part of which became Thippayasin Co, Ltd to oversee debtors of Sayam Bank Limited. • Bangkok Bank of Commerce Public Company Limited ceased operation in 1998. In this very year, Krungthai Bank accepted the transfer of only quality assets, liabilities, and budgets form BBC. • First Bangkok City Bank Public Company Limited (FBCB) transferred its business to KTB November 2. 1998.
Krungthai Bank as Transferrer of Business to Other Bank • Krungthai Bank’s financial service under Shariah principle, also known as Krungthai Shariah Bank is the financial service in accordance with the Islamic principle. The service managed the service itself and transferred it on on November 9, 2005 to the Islamic Bank of Thailand..
Read more about this topic: Krung Thai Bank
Famous quotes containing the words financial, business, group and/or companies:
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.”
—Lyndon Baines Johnson (1908–1973)
“They that go down to the sea in ships, that do business in great waters, these see the works of the Lord and his wonders in the deep.”
—Bible: Hebrew Psalms, 107:23-4.
“For me, as a beginning novelist, all other living writers form a control group for whom the world is a placebo.”
—Nicholson Baker (b. 1957)
“In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.”
—Gloria Steinem (20th century)