Bangkok--6 May--Thanachart BNP Paribas Private Bank and Thanachart Securities Public Company Limited (Thanachart, a member of the Thanachart Group), are pleased to announce a strategic business alliance for the servicing of high networth individuals. The two companies will work together to develop wealth management services adapted to the Thai market. Thanachart Securities believes that its alliance with BNP Paribas Private Bank will drive its proficiency to the level of international standards. The development of strategic partnerships in wealth management with strong local or regional players constitutes a key aspect of BNP Paribas Private Bank’s global growth strategy. Mr. Suphadej Poonpipat, CEO of Thanachart Group, said, “BNP Paribas Private Bank and Thanachart Securities have agreed to cooperate in the field of Wealth Management. Thanachart Securities is already partnering with BNP Paribas’ Corporate and Investment Banking. We are convinced that this additional strategic alliance with an experienced and credible player as BNP Paribas Private Bank will enhance our private fund management capability, product design expertise and asset advisory skills to handle high networth individuals. We believe that our domestic market share will increase as a result of this cooperation with BNP Paribas Private Bank.” Mr. Michel Longhini, Chief Executive Officer of BNP Paribas Private Bank Asia, stated, “We are delighted to develop this alliance in Wealth Management with. Given Thanachart proven track record in the Thai securities market, we believe that their intelligence and insights coupled with our international offering in private wealth management will be a powerful combination to develop together in the Thai market.” Both partners believe that this will be a mutually-rewarding alliance in respect of their services to sophisticated individuals. Press Contacts: Thanachart Securities Public Company Limited Suvabha Charoenying 662 217-8995 [email protected] BNP Paribas Yunis Lee 65-210-1038 [email protected]