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Kiatnakin Phatra Bank
Kiatnakin Phatra Bank ( th, ธนาคารเกียรตินาคินภัทร) is a full-service bank based in Thailand. The bank was founded in January 1971 in Bangkok with 17,000 million baht in funds, and has grown to 52 branches. It was listed on the Stock Exchange of Thailand in August 1988 and is included in the SET50 Index. The company headquarters is in Bangkok. History Kiatnakin was founded in 1971 as a financial services company, and grew steadily until the recession of the late-1990s forced a suspension of operations. In 2005 the bank, which at the time had 22 financial service branches, applied for and received a commercial banking license. In December 2011, Kiatnakin Bank and Phatra Capital amalgamated to form a new organization with a $1 billion valuation. Subsidiaries Kiatnakin Securities is a subsidiary company of the bank, and in 2008 the company established a new wholly owned subsidiary, Erawan Law Office. See also * Banking in Thailand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1971
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Bangkok
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Thailand
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Thailand
The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country's gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank. As of 2018, Thailand has an average inflation of 1.06% and an account surplus of 7.5% of the country's GDP. The Thai economy was expected to post 3.8% growth in 2019. Its currency, the Thai Baht, ranked as the tenth most frequently used world payment currency in 2017. The industrial and service sectors are the main sectors in the Thai gross domestic product, with the former accounting for 39.2 percent of GDP. Thailand's agricultural sector produces 8.4 percent of GDP—lower than the trade and logistics and communication sectors, which account for 13.4 percent and 9.8 percent of GDP respectively. The construction and mining sector adds 4.3 percent to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary Company
A subsidiary, subsidiary company or daughter company is a company (law), company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability company, limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking License
A banking licence is a legal prerequisite for a financial institution that wants to carry on a banking business. Under the laws of most jurisdictions, a business is not permitted to carry words like a ''bank'', ''insurance'', ''national'' in their name, unless it holds a corresponding licence. Depending to their banking regulations, jurisdictions may offer different types of banking licences, such as * full banking licenses for general banking activities, such as taking deposits from the general public * international banking licences (offshore banking licences), which prohibits any local business activities * non-banking financial institution (NBFI) is an institution that provides financial services but has to comply with fewer regulations than one with a full banking licence. License issuance Licenses are typically issued by a national banking regulator to applicant corporations that meet its banking requirements. The requirements may include minimum capital requirements, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SET50 Index And SET100 Index
The SET50 and SET100 Indices are the primary stock indices of Thailand. The constituents of both lists are companies listed on the Stock Exchange of Thailand (SET) in Bangkok. Calculation The SET50 Index and the SET100 Index were created "to accommodate the issuing of index futures and options in the future, and to provide a benchmark of investment in the Stock Exchange of Thailand ET. Both indices are calculated from the stock prices of companies that are included in the SET Index, but each index consists of a subset of those stocks by a ranking based on large market capitalization, high liquidity and compliance with requirements regarding the distribution of shares to minor shareholders: those stocks ranked as the top 50 such stocks are the component stocks of the SET50 Index and those ranked as the top 100 — which also includes the top 50 — are the component stocks of the SET100 Index. The calculation method used for these two indices is the same as that used for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asok Montri Road
Asok Montri Road, or Soi Sukhumvit 21 (also Asoke Montri Road, th, ถนนอโศกมนตรี, , ), is a major road in Bangkok Bangkok, officially known in Thai language, Thai as Krung Thep Maha Nakhon and colloquially as Krung Thep, is the capital and most populous city of Thailand. The city occupies in the Chao Phraya River delta in central Thailand and has an estima ..., Thailand. It is often referred to as simply Asok or Asoke. It runs north from Sukhuvmit Road and forms part of the Ratchadaphisek inner ring road. It contains many offices buildings and shops. Although the road has a capacity of 35,000, more than 100,000 vehicles use the road daily, causing major congestion. The junction of Sukhuvmit Road and Asok Montri Road is a major road junction known as Asok Intersection, and is also the location of Asok BTS Station and Sukhumvit MRT Station. In 2013 there were plans to build an elevated highway but construction has not started. References {{coord, 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange Of Thailand
The Stock Exchange of Thailand ( th, ตลาดหลักทรัพย์แห่งประเทศไทย), or SET, is the only stock exchange in Thailand. Founded on 30 April 1975, it is ASEAN’s 2nd largest after Singapore and the world's 25th by market capitalization at (both SET and mai) as of 22 October 2022. From 2015 to June 2020 it was the biggest IPO market in Southeast Asia in terms of accumulated raised fund at USD 17.8 billion (THB 598.0147 billion). It is also the region’s most active bourse for 10 consecutive years with daily trading turnover normally exceeding USD 2 billion. In recent years, the number of market participants has risen sharply: trading accounts has increased almost 10 times from 2008 to 2022. Based on the number of investors, about 3% of people in Thailand participate in the stock market. SET index is the oldest and the most cited equity index in Thailand. It made intraday all-time high at 1852.51 on 27 February 2018, surpassing th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (including a brokerage firm) offers a wide array of face-to-face and automated services to its customers. History and description During the 3rd century banks in Persia (now Iran) and in other territories started to issue letters of credit known as Sakks, basically checks in today’s language, that could be traded in cooperative houses or offices throughout the Persian territories. In the period from 1100-1300 banking started to expand across Europe and banks began opening ‘branches’ in remote, foreign locations to support international trade. In 1327, Avignon in France had 43 branches of Italian banking houses alone. The practice of opening satellite branches was popularized in the early 20th century by Amadeo Giannini, then head of the Bank of America. Historically, branches were housed in imposing buildings, often in a neoclassical style of arc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
