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:
“A theory of the middle class: that it is not to be determined by its financial situation but rather by its relation to government. That is, one could shade down from an actual ruling or governing class to a class hopelessly out of relation to government, thinking of gov’t as beyond its control, of itself as wholly controlled by gov’t. Somewhere in between and in gradations is the group that has the sense that gov’t exists for it, and shapes its consciousness accordingly.”
—Lionel Trilling (1905–1975)
“Never joke at funerals, or during business transactions.”
—Herman Melville (1819–1891)
“My routines come out of total unhappiness. My audiences are my group therapy.”
—Joan Rivers (b. 1935)
“The recent attempt to secure a charter from the State of North Dakota for a lottery company, the pending effort to obtain from the State of Louisiana a renewal of the charter of the Louisiana State Lottery, and the establishment of one or more lottery companies at Mexican towns near our border, have served the good purpose of calling public attention to an evil of vast proportions.”
—Benjamin Harrison (1833–1901)