Bangkok--28 Jan--Standard Chartered Bank
PTT Chemical Public Company Limited and subsidiaries today announced that it has successfully integrated an important component of its financial management system with Standard Chartered Bank using SAP Netweaver Exchange Infrastructure (SAP XI).
First in the market, Standard Chartered’s innovative connectivity option for companies running SAP provides a single point of entry for all financial transactions, and will reduce companies’ working capital cycle by integrating its physical and financial supply chain. PTT Chemical can now benefit from faster and more effective control of payment initiation, automated reconciliation of payments and accounts as the solution enables a seamless integration between PTT Chemical’s SAP ERP system and the Bank.
Seen in the picture (from left):
1) Mr. Patiparn Sukorndhaman, Chief Financial Officer, PTT Chemical PCL
2) Mr. Kamalkant Agarwal, Senior Executive Vice President, Standard Chartered Bank (Thai) PCL
3) Mr. Veerasak Kositpaisal, Chief Executive Officer, PTT Chemical PCL
4) Mr. Yuthadej Putamanonda, Executive Vice President, Standard Chartered Bank (Thai) PCL
For further information please contact Standard Chartered Bank (Thai) Corporate Affairs, Thailand:
Supattra Yenkasem Tel: 02 724 8022
[email protected]
Saowarop Panyacheewin Tel: 02 724 8025
[email protected]
Standard Chartered — leading the way in Asia, Africa and the Middle East
Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and profits have more than doubled over the last five years primarily as a result of organic growth.
Standard Chartered aspires to be the best international bank for its customers across its markets. The Group earns around 90 per cent of its income and profits in Asia, Africa and the Middle East, from its Wholesale and Consumer Banking businesses. The Group has over 1600 branches and outlets located in over 70 countries. The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities.
Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs around 70,000 people, nearly half of whom are women. The Group's employees are of 125 nationalities, of which about 70 are represented in the senior management.
Standard Chartered Bank (Thai) PCL
Standard Chartered Bank (Thai) offers innovative products and services - Consumer Banking provides credit cards, personal loans, deposit taking, wealth management, mortgage, SME Banking to individuals and small to medium sized enterprises; Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, securities services, foreign exchange, debt capital markets and corporate finance.
For more information please visit: www.standardchartered.com
Standard Chartered Bank (Thai) www.standardchartered.co.th