Standard Chartered aspires to be the best international bank for its
customers across its markets.
Standard Chartered PLC, listed on both London and Hong Kong stock
exchanges, ranks among the top 25 companies in the FTSE-100 by
market capitalisation. The Group earns around 90 per cent of its income
and profits in Asia, Africa and the Middle East, with over 1,600 branches
and outlets located in over 70 countries. Leading by example to be the
right partner for its stakeholders, the Group is committed to building a
sustainable business over the long term and is trusted worldwide for
upholding high standards of corporate governance, social responsibility,
environmental protection and employee diversity. The bank’s heritage and
values are express in its brand promise, ‘Here for good’.
Standard Chartered Bank (Thai) Public Company Limited is one of the
oldest banks in Thailand, first established as a foreign bank branch in
1894. Between 1898-1902, the Bank was one of 3 banks who printed the
first bank notes that is the foundation of the Kingdom’s currently used
banknotes.
In September 1999, the bank acquired a majority stake of Nakornthon
Bank and then renamed Standard Chartered Nakornthon Bank. Standard
Chartered since then operated into 2 entities – The Standard Chartered
Bank - Bangkok Branch and Standard Chartered Nakornthon Bank. Then
in January 2004, the government announced its Financial Sector Master
Plan, a blueprint to strengthen the financial sector, including consolidating
the many deposit-taking entities in Thailand. Standard Chartered took up
the decision to integrate the two entities and by then was renamed Standard
Chartered Bank (Thai) Pcl. The integration is reaffirmation of Standard
Chartered Group’s long-term commitment to Thailand and to the development
of the Thai financial sector.
Standard Chartered Thai holds local bank license while benefiting from
international network, with 99.87% owned by Standard Chartered Group.
Standard Chartered Thai is operated under robust risk management in
compliance with both Group Policies under FSA and local regulations
under the Bank of Thailand. Since 2007, Standard Chartered Thai stands
among best rated local banks by Fitch and Moody’s rating agencies.
Standard Chartered Thai provides universal banking services with
completed suite of Consumer, Corporate and Financial Institutional
products to retail and corporate customers. Its strategy focuses on
selected market with some 27 branches in Greater Bangkok and a few in
major provinces