Bangkok--21 Mar--Bangkok Bank
Bangkok Bank Director Piti Sithi-Amnuai (5th from right), Senior Executive Vice President Chansak Fuangfu (4th from right) and Bangkok Bank executives, together with Thitikorn Public Company Limited Chairman Dr. Chumpol Phornprapha (4th from left), Managing Director Prathama Phornprapha (2nd from left) and Thitikorn executives, celebrated the successful issuance of debentures No. 1/2017 worth Baht one billion on 28 February 2017. These debentures, with a 3-year tenor (to 2020), carry an interest rate of 2.83% per annum. TRIS Rating rates the company at 'A-'. This issue was very popular and received a good response from institutional and high-net-worth investors, attracting purchase orders for 2.23 times the value of the offering. This issuance carried the highest debenture value the company has ever offered, reflecting investors' confidence in the company's financial strength. In 2016, the company reported a net profit (not including its subsidiaries) of Baht 429.7 million, up by 5.3% or Baht 21.4 million from the previous year. By 31 December 2016, the company reported assets of Baht 8.6114 billion, liabilities of Baht 4.0615 billion, and shareholders' equity of Baht 4.5499 billion.