Bangkok--Dec 14--Weber Shandwick (Thailand)
ABN AMRO has been named the best foreign investment bank in Thailand at the annual recognition for The Asset Triple A Country Awards for 2004. The awards were featured in the latest issue of The Asset magazine.
Named The Asset Triple A Best Foreign Investment Bank, Thailand, ABN AMRO wins the award for the second year in a row. In presenting the award, the editors at The Asset wrote that “ABN AMRO is a consistent market leader in corporate/financial advisory, local debt capital markets, local and international equity capital markets, mergers and acquisitions, and project finance.” The editors noted that ABN AMRO’s position in Thailand is further strengthened following the 12 billion baht merger in October last year of ABN AMRO Asia Securities with Asset Plus Securities to form Asia Plus Securities. “The merger combines the distribution capability of ABN AMRO Asia, which ranks as the second largest brokerage in Thailand with a 10% market share, with the local advisory strength of Asset Plus,” the editors added. ABN AMRO is directly responsible for managing the institutional broking business within Asset Plus.
The Asset Triple A Country Awards, conducted annually in recognition of performance excellence in the financial services industry over the past 12 months, are based on both quantitative and qualitative factors that contribute to a point-score called The Asset Scoring Quotient (TASQ). Whenever possible, TASQ is further supplemented by conducting follow-up interviews and participation in presentations organized by financial institutions and their clients.
This year, which also marks The Asset's 5th anniversary as the leading independent financial magazine in Asia, saw the number of entries from international and domestic banks increase by more than 50%, a reflection of the growing importance of the awards and also the level of competition among both international and domestic banks.
About ABN AMRO
Netherlands-based ABN AMRO is a leading international bank with total assets of EUR 560.4 bn (as of 31 December 2003). It has over 3,000 branches in more than 60 countries and territories, and has a staff of over 110,000 full-time equivalents worldwide. ABN AMRO is listed on the Euronext, London and New York stock exchanges.
For further information, please contact
The Editors, The Asset 852-2573-6078
[email protected] or
Weber Shandwick (Thailand) Limited
Khun Lakpilai Worasaphya 662 257 0300 # 312 End.