February 26, 2017 6:05 AM ET

Banks

Company Overview of Thanachart Bank Public Company Limited

Company Overview

Thanachart Bank Public Company Limited provides banking services in Thailand. Its deposit products include saving deposits, fixed deposits, current deposits, foreign currency deposits, and tax-free monthly deposits. The company’s loan portfolio comprises personal loans; educational loans, housing loans, and automobile hire purchase loans; and loans for corporate customers and small and medium-sized enterprises. It also offers trade finance services, which include import letter of credit, shipping guarantee, import bill for collection, and trust receipt, as well as exporter notifying, letter of credit transferring, export bill of collection and letter of credit, bill purchasing and discountin...

444, MBK Tower

Phayathai Road

Wangmai

Pathumwan

Bangkok,  10330

Thailand

Founded in 2002

Phone:

66 2 217 8000

Fax:

66 2 217 8020

Key Executives for Thanachart Bank Public Company Limited

Chief Executive Officer, President, Executive Director and Member of Executive Committee
Age: 59
Chief Financial Officer and Executive Vice President
Age: 52
Executive Director and Vice Chairman of Executive Committee
Age: 70
Executive Vice President of Corporate Banking 1
Age: 57
Executive Vice President of Investment Management
Age: 58
Compensation as of Fiscal Year 2016.

Thanachart Bank Public Company Limited Key Developments

Thanachart Bank Public Company Limited Announces Standalone and Consolidated Financial Results for the Year Ended December 31, 2016

Thanachart Bank Public Company Limited announced standalone and consolidated financial results for the year ended December 31, 2016. For the year, on standalone basis, the company's net interest income were THB 26,548,254,000 against THB 25,552,805,000 for the same period last year. Net operating income was THB 35,508,118,000 against THB 35,994,168,000 for the same period last year. Profit before income tax was THB 11,856,649,000 against THB 10,890,555,000 for the same period last year. Profit for the year was THB 11,961,767,000 against THB 11,451,968,000 for the same period last year. Earnings per basic share were THB 1.97 per share against THB 2.03 per share for the same period last year. Net cash flows from operating activities was THB 23,363,997,000 against THB 32,752,588,000 for the same period last year. For the year, on consolidated basis, the company's net interest income were THB 28,711,696,000 against THB 27,681,056,000 for the same period last year. Net operating income was THB 40,407,138,000 against THB 39,638,017,000 for the same period last year. Profit before income tax was THB 13,530,047,000 against THB 11,324,831,000 for the same period last year. Profit for the year was THB 12,838,624,000 against THB 11,126,410,000 for the same period last year. Earnings per basic share were THB 2.05 per share against THB 1.90 per share for the same period last year. Net cash flows from operating activities was THB 26,181,489,000 against THB 38,450,013,000 for the same period last year.

Thanachart Bank Public Company Limited Reports Earnings Results for 2016

Thanachart Bank Public Company Limited reported earnings results for 2016. For the year, net profit totaled THB 12,434 million, an increase of 15.74% from the previous year; a record high result and the culmination of 8 consecutive quarters of profit growth.

Thanachart Bank Public Company Limited Announces Unaudited Consolidated and Parent Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Thanachart Bank Public Company Limited announced unaudited consolidated and parent earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, on consolidated basis, the company reported total profit attributable to the bank of THB 3,201.626 million or THB 0.53 per basic share against THB 2,712.646 million or THB 0.49 per basic share a year ago. Net interest income was THB 7,343.296 million against THB 6,922.984 million a year ago. Net operating income was THB 10,265.565 million against THB 9,908.874 million a year ago. Profit before income tax was THB 3,404.050 million against THB 3,206.572 million a year ago. For the quarter, on company basis, the company reported total profit attributable to the bank of THB 2,333.081 million or THB 0.42 per basic share against THB 3,324.068 million or THB 0.65 per basic share a year ago. Net interest income was THB 6,775.110 million against THB 6,363.908 million a year ago. Net operating income was THB 8,407.432 million against THB 9,820.379 million a year ago. Profit before income tax was THB 2,502.389 million against THB 3,746.274 million a year ago. For the nine months, on consolidated basis, the company reported total profit attributable to the bank of THB 9,203.874 million or THB 1.52 per basic share against THB 7,975.727 million or THB 1.45 per basic share a year ago. Net interest income was THB 21,500.287 million against THB 20,643.719 million a year ago. Net operating income was THB 30,055.546 million against THB 29,858.584 million a year ago. Profit before income tax was THB 9,942.611 million against THB 8,295.449 million a year ago. Net cash flows from operating activities were THB 21,648.562 million compared to THB 12,670.569 million a year ago. Cash paid for purchase of equipment was THB 607.575 million against THB 415.812 million a year ago. Cash paid for purchase of intangible assets was THB 295.809 million against THB 181.676 million a year ago. For the nine months, on company basis, the company reported total profit attributable to the bank of THB 8,767.605 million or THB 1.45 per basic share against THB 9,166.619 million or THB 1.66 per basic share a year ago. Net interest income was THB 19,866.047 million against THB 19,021.921 million a year ago. Net operating income was THB 26,304,461 million against THB 27,866.213 million a year ago. Profit before income tax was THB 8,624.315 million against THB 8,605.997 million a year ago. Net cash flows from operating activities were THB 22,919.612 million compared to THB 7,400.233 million a year ago. Cash paid for purchase of equipment was THB 548.240 million against THB 389.159 million a year ago. Cash paid for purchase of intangible assets was THB 276.565 million against THB 167.920 million a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 4, 2016
Thanachart Bank Public Company Limited, Car Loan Distressed Debts
 

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