Bangkok--Feb 6--Siam Commercial Bank
Siam Commercial Bank repeated its success as the Premier Universal Bank with the leadership in debt capital market after it was named Triple A Best Domestic Bank, Thailand for the 6th consecutive year together with Triple A Best Local Currency Bond in Asia by The Asset, an Asian leading financial magazine.
Khunying Jada Wattanasiritham, SCB President revealed that the latest 2 awards from The Asset marks that the bank’s successful performances are well recognized in an international arena. The Triple A Best Domestic Bank which the Bank has won for 6 years in row is based on outstanding financial performance in term of profitability and return on equity. SCB has maintained and relentlessly improved the operation standard under the policy “Premier Universal Bank”
Mr.Somchai Sanyalaksiri, SCB Executive Vice President said that Triple A Best Local Currency Bond in Asia which SCB acts as a joint lead arranger for PTT debentures, reflects the Bank’s expertise and professionalism on the debt capital market, including the commitment to providing all the best for our valued customers. The 4.118 billion baht fixed rate debenture arranged by SCB features a unique 15 — year cross currency swap — the first ever executed in Thailand. The PTT debenture is one of the longest tenor corporate bond issues ever completed in the market.
According to the Asian Currency Bond Benchmark Research 2005 by The Asset, the survey of global institutional investors, the report shows that SCB is a market leader in government and corporate bonds. This confirmed Thai Bond Dealing Center’s information in 2005 that SCB is number one Lead Underwriter and Dealer with 24% and 19% market share respectively. Prior to this award, SCB has won several bond awards ; Best Bond House 2005 by FinanceAsia and Deal of the Year and Dealer of the Year 2005 by Thai Bond Dealing Center.
For more information please contact:
Wattanee Somchit
Tel : (02) 544-4502 , Fax : (02) 937-7454
email : [email protected]
www.scb.co.th End.