Bangkok--18 Jul--TMB Bank
TMB Bank Public Company Limited recently signed a memorandum of understanding with Japan Bank for International Cooperation (JBIC) and Japan Carbon Finance (JCF) to support SMEs to participate in the Clean Development Mechanism (CDM) Project. The MoU is part of the recently agreed US$150 loan from JBIC to TMB Bank to support SMEs in Thailand. Under the MoU, TMB Bank will allocate part of the loan for SME proprietors who agree to take part in the CDM Project under the United Nations Convention Framework on Climate Change.
Photo shows, from left, Mr. Toyoaki Fujita, Director General of JBIC International Finance Department 1; Mr. Subhak Siwaraksa, President and CEO of TMB Bank; and Mr. Bunji Ototake, Executive Director of JCF Business Department.
TMB Bank Public Company Limited
Founded on 8 November 1957, TMB Bank Pcl operates a commercial banking business under a license granted by the Ministry of Finance, and with consent given by the Bank of Thailand. It also operates a securities business licensed by the Ministry of Finance and agreed to by the Securities Exchange Commission.
The Bank aims to respond to the needs of its clients through its 431 branch network, 69 foreign exchange centers, 1,338 ATMs, as well as its electronics banking systems. Its business encompasses commercial banking, offshore banking, investment banking, and other businesses as permitted by the regulatory authorities, including acting as an insurance agent for its alliance insurance companies.
Listed on the Stock Exchange of Thailand, the Bank is the fifth largest, by total assets, in the Thai Banking System. As at 31 March 2006, its total assets are valued at 727,350 million baht.
www.tmbbank.com
TMB Bank: Better Partner, Better Value
For enquiries, contact
Onticha Rattanawannathip
Tel: 02 242 3255
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