TMB Bank provides commercial banking services to customers in Thailand. Its services include deposits, personal loans, credit cards, life insurance, and currency exchange. The bank operates hundreds of locations thoughout the country, in addition to foreign branches in Hong Kong and Vietnam. Formerly known as the Thai Military Bank, TMB began operations in 1957; Thai Military Bank, Thai Danu Bank, and the Industrial Finance Corporation of Finance merged in 2004 to form the latest incarnation of TMB Bank. The Netherlands-based financial services firm ING Groep owns around 30% of the company, while Thailand's Ministry of Finance holds about a quarter.