Bangkok--30 Oct--TMB
TMB Bank Pcl has announced Bht 1,500 million of financial support for the Metropolitan Waterworks Authority. An agreement was signed today by Mr. Boontuck Wungcharoen, TMB Bank’s CEO, Mr. Charoen Chaikittisin, Governor of the Metropolitan Waterworks Authority, at TMB Bank’s head office.
Mr. Boontuck said the bank is glad to be trusted by the Metropolitan Waterworks Authority to provide financial support for the agency to expand and improve services to city residents. The financial support was approved out of the bank’s recognition of the importance of extensive waterworks service coverage.
He added that “We are well prepared to support the Waterworks Authority and clients in different sectors with all types of financial transactions to provide increased liquidity, revolving funds as well as financial facilities necessary to succeed in business.”
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.
TMB aims to respond to the needs of its clients through its 486 branch network, 103 foreign exchange centers, 2,152 ATMs, as well as 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, TMB is the sixth largest bank, by total assets, in Thailand. As at 30 June 2009, its total assets are valued at THB 568,744 million.
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