Bangkok--27 Jun--Bangkok Bank
Bangkok Bank Trade Finance Center Manager Kajohnsak Manaviriyakul (2nd from right) and Correspondent Banking Department Manager Dr. Thanatphong Pratheepthaweephon (2nd from left) accepted the Best Trade Finance Bank in Thailand award for 2013 from Wells Fargo Former Senior Vice President James Cullen (right) and The Asian Banker Magazine Senior Editor Lim Xiou Ann (left). Bangkok Bank has won this award for five consecutive years due to its record for 25% of market share based on letters of credit outstanding across 64 trade centers. The Bank also offers a milestone service known as Bualuang iTrade that executes letters of credit in real-time and has an active Bank Payment Obligations (BPO), a popular, new and efficient alternative payment service used by importers and exporters around the world. payment service used by importers and exporters around the world. The Bank also received the Leading Counterparty Bank in Thailand award for 2013 due to its outstanding correspondent banking network around the world and extensive international network of 27 branches and one representative office covering major economic zones worldwide. The award-winning trade finance and correspondent banking services, together with the bank’s partnership with ThaiTrade.com, help support the international trade capabilities of customers expanding their businesses to global markets.