THANACHART BANK PCL

THANACHART BANK PCL is not a factory or a trader. It was a commercial bank.

Company Introduction:

Thanachart Bank PCL was a significant commercial bank in Thailand, offering a full spectrum of financial services to both individual and corporate customers. Founded in 1979, it established itself as one of Thailand's leading financial institutions, particularly noted for its robust presence in the automotive financing sector. Its service offerings included various types of deposit accounts, personal and corporate loans (such as housing and auto loans), credit cards, investment products, insurance services, and other general banking facilities.

In a major development in 2019-2020, Thanachart Bank PCL merged with TMB Bank PCL to form a new combined entity known as TMBThanachart Bank PCL (tTB). As a result of this merger, the commercial banking operations of Thanachart Bank PCL were fully integrated into TMBThanachart Bank. Therefore, Thanachart Bank PCL no longer operates as an independent commercial banking institution. However, its legacy and the expertise it brought continue within TMBThanachart Bank. Thanachart Capital PCL, which was the parent company of the former Thanachart Bank, continues to operate as a financial holding company, maintaining a substantial shareholding in tTB and other financial service businesses.

Thanachart Bank Public Company Limited was a major commercial bank in Thailand before merging with TMB Bank to form TMBThanachart Bank (ttb). Its products and services primarily included:

Personal Banking Products

Savings accounts

Current accounts

Fixed deposit accounts

Home loans

Personal loans

Credit cards

Debit cards

Corporate Banking Products

Commercial loans

Working capital financing

Trade finance services

Cash management services

Corporate deposit accounts

Investment and Insurance Products

Mutual funds

Bancassurance products (Life and non-life insurance)

Government bonds and debentures

Hire Purchase Services

Automobile financing and leasing (This was the bank's core strength and primary market segment)

Financial Advisory Services

Wealth management

Investment advisory services