Bangkok Bank Executive Vice President Pochanee Kongkalai (4th from left) and Metropolitan Regional 3 Manager Khanarath Kittirojjanatham (4th from right) presented a donation of 73,078,650.52 baht to the Dean of the Faculty of Medicine Siriraj Hospital, Mahidol University, Professor Dr. Prasit Watanapa (3rd from left) at the ‘Mahidol Day’ event to support underprivileged patients. This is the Bank’s fourth donation to the hospital, with 160,629,096.38 baht donated in total. The donation is from the Bangkok Bank-Siriraj co-branded cards project – ‘Feel good and make merit every time you use the card’.

Bangkok Bank offers two types of cards under the project: 1. Be1st Smart Rabbit Siriraj Card, whereby the bank donates 100 baht for every new card issued, and 50 baht per card towards the annual joining fee for subsequent years, as well as 0.2% of the value of purchases made using the cards; and 2. Bangkok Bank Visa Platinum Rabbit Siriraj Credit Card, whereby the bank donates 0.2% of the value of purchases made using the card in each billing cycle. Visa Platinum Rabbit Siriraj credit cardholders can also redeem 1,000 points for a donation of 100 baht, and the Bank matches these donations with additional donations.

 

Bangkok Bank has opened a current account giving customers and the general public the opportunity to send funds to help tsunami and earthquake victims in Palu on Indonesia’s Sulawesi island by transferring funds to Bangkok Bank’s Head Office Branch, current account number 101-3-47977-7, account name ‘Helping disaster victims in Indonesia’. Customers can donate via all of the Bank’s channels including branches nationwide, ATM machines, BeSure QR payment via PromptPay, CDM, Bualuang iBanking and Bualuang mBanking. Bangkok Bank will also waive any inter-region transfer fees. The Bank will offer these donations to relevant government offices or charitable organizations to help disaster victims. Further details can be obtained from Bualuang Phone 1333.

 

Bangkok Bank organized a merit-making ceremony for the 100-day anniversary of the passing away of the late Chairman Chatri Sophonpanich. Bangkok Bank Vice Chairman of the Board of Directors Piti Sithi-Amnuai, head of the laypersons, invited the Abbot of Wat Yannawa and Member of the Sangha Supreme Council of Thailand, Phra Promwachirayan, head of the monks, to lead the ceremony. On this occasion, 100 monks, including senior monks, prayed for the late Chairman Chatri Sophonpanich. After that, the bank presented offerings to 100 monks from 5 temples including Wat Yannawa, Wat Traimitr Withayaram, Wat Chakrawatrachawat Woramahawihan, Wat Pathumkongkha Rajawaravihara and Wat Ratcha Singkhon. Bangkok Bank Chairman of the Board of Executive Directors Deja Tulananda, Bangkok Bank President Chartsiri Sophonpanich and other directors, executives and employees of the bank and its subsidiaries joined the ceremony, which took place in front of Bangkok Bank Head Office on Silom Road.

 

Bangkok Bank President Chartsiri Sophonpanich received an honor plaque from Prime Minister General Prayut Chan-o-cha for the bank’s participation to initiate and drive the CONNEXT ED project to promote sustainable education under the Pracharath scheme. The project aims to develop people’s potential, minimize inequality and increase competitiveness.

 

Bangkok Bank Director and Executive Vice President Dr. Thaweelap Rittapirom (4th from left) and Executive Vice President Than Siripokee (4th from right) welcomed Digital Economy and Society Minister Pichet Durongkaveroj (5th from right) to Bangkok Bank’s booth at Digital Thailand Big Bang 2018. The bank’s booth is under the concept of ‘Collaboration for Future Innovation & Growth’. The booth’s highlight is ‘Bangkok Bank InnoHub Season 2’, a global FinTech accelerator program under the concept of Inspiring Change – Unleash the Potential, which is opens for applications from now until October 10, 2018.

 

Bangkok Bank Executive Chairman Deja Tulananda (standing center) chaired the closing of a training course that was part of the Advanced Development of Economic Journalists’ project 2018 (ADEJ) giving conferee certificates to journalists attending the course. He was welcomed by Economic Reporters’ Association President Thiraput Pemaprayunwongsa, (standing 4th from right) and the Association’s committee. Bangkok Bank and the Economic Reporters’ Association have worked together for thirteen consecutive years to provide the media with a better understanding of the role and importance on the strategic Thailand 4.0 mechanism for Thai economy. The ongoing development of the project in 2018 included a 5-week (30-hour) training program from 4 August to 15 September and a study trip to the Shanghai, People's Republic of China from 5 to 9 September. Shanghai has been chosen for being a world’s leader in cashless society especially Alibaba.

Tesco Lotus, in collaboration with Bangkok Bank, is enhancing its customer service to serve customers in the 4.0 era. The Bank will install more than 10,000 EDCs that can receive QR Code payments for all cashiers nationwide, including tenants leasing space in the shopping mall areas. Cash back, cash coupons and Club Card points are on offer all year. Bangkok Bank encourages customers to make more electronic payments and has special promotions to boost payments via Bualuang mBanking for the rest of the year. The Bank is confident it can grow mobile banking users to eight million.

Tesco Lotus Corporate Affairs Director Salinla Seehaphan said “We are committed to serving our customers a little better every day by offering high-quality products at affordable prices along with a great shopping experience through all of our channels. Our research shows that convenience is still a very important factor for customers when it comes to their shopping experience. With this insight in mind, coupled with mobile phone usage behavior and the rapid growth of mobile banking, we have partnered with Bangkok Bank to install new EDC machines at more than 10,000 cashiers in Tesco Lotus stores nationwide to facilitate QR Code payments from all compatible mobile banking applications. This means Tesco Lotus will be the first retail store to accept QR Code payments at every cashier. In addition, we are also supporting more than 11,000 tenants leasing space in our shopping malls to offer QR Code payments to customers, further enhancing their shopping experience as Thailand moves towards becoming a cashless society.”

Bangkok Bank and Tesco Lotus also offer exclusive promotions for customers paying with QR Code on the Bualuang mBanking application inside Tesco Lotus stores and mall tenants from September 17 - December 31, 2018 with the following details:

For QR Code payments within Tesco Lotus stores, customers will receive:

• Tesco Lotus cash voucher worth 50 baht for those who apply for and make their first log on to Bualuang mBanking between September 1 - November 30, 2018
• 20 baht cash back for purchases of 200 baht or more made via Bualuang mBanking (limited to 10 times per person, from September 17 - December 31, 2018)
• 200 Clubcard points for each QR Code payment (limited to 3 transactions per Clubcard member each day)

For QR Code payments to mall tenants in Tesco Lotus shopping mall areas:

• Tesco Lotus cash voucher worth 50 baht for those who apply for and make their first log on to Bualuang mBanking from September 1 - November 30, 2018
• 20 baht cash back for purchase of 200 baht or more made via Bualuang mBanking (limited to 10 times per person, from September 17 - December 31, 2018)

“Tesco Lotus will continue to improve our services for customers, using customer insights and needs to bring about innovations that truly matter to them. By working with strategic partners, we are able to combine our strengths to offer the ultimate benefits and value to our customers,” Salinla concluded.

Bangkok Bank Executive Vice President and Credit Card Division Manager Shoke Na Ranong said that under our long-standing partnership between Bangkok Bank and Tesco Lotus, we have continued to develop services to enhance customers’ experience. Starting from the launch of a payment system using electronic cards via EDC at Tesco Lotus stores nationwide our 20-year partnership has progressed to the latest ‘QR Code Payment on EDC’ services. This additional channel using QR Code provides a convenient, fast and secure payment method for large retail businesses to support the growing mobile phone usage of their customers who prefer to do their transactions via mobile banking. Those who like to use their credit and debit cards can continue their payments as usual and those who prefer cash payments can now scan QR Code to pay immediately, without the hassle of carrying cash. This service is in line with government policies aiming to continuously promote the development of financial infrastructure and services to drive Thailand to a 'Cashless Society', in line with the country's development under 'Thailand 4.0'.

"This year, the Bank has continued to focus on encouraging customers to use electronic channels to pay for goods and services by developing its EDC system to support a full range of payments via QR Code as well as holding year-round promotions to attract customers. In our partnership with the retail giant, Tesco Lotus we are offering a special promotion of up to 200 baht cash back for customers purchasing goods at Tesco Lotus stores along with mall tenants. Making QR Code payments on Bualuang mBanking doesn’t only provide a convenient way of payment but also adds value for customers."

Now customers can make goods and services payments via ‘QR Code Payment on EDC’ using Visa, MasterCard, JCB and UnionPay credit cards, Be1st Smart TPN UnionPay debit cards and all banks’ debit cards as well as Alipay and WeChat Pay at Tesco Lotus stores nationwide.

Mr. Shoke added that the campaign aims to further boost people’s purchasing power during the last quarter of the year and increase the use of digital transactions. After waiving fees for internet and mobile banking transactions earlier this year, digital transactions jumped by 100% - 90% via mobile banking and the remaining 10% via internet banking. This year the Bank plans to increase its Bualuang mBanking customers to eight million from a mid-year level of around five million.

Bangkok Bank introduces ‘B-Advice’ financial-investment advisory services with more choices to help customers who are interested in developing saving and investment plans to reach their financial goals within acceptable risk levels.

Bangkok Bank Executive Vice President, Consumer Banking Pochanee Kongkalai said the bank has launched ‘B-Advice’, financial and investment advisory services for potential customers with assets of one to three million baht with the bank. The bank does an analysis based on customers’ financial goals and risk appetite and suggests appropriate investment allocations in different asset classes to effectively reach their targets.

“The number of customers with high investment potential is increasing. Each customer has different financial goals and risk acceptance levels so their financial and investment plans are also different. Because a certain financial product will not suit all, a new service called ‘B-Advice’ has been developed to help customers plan their finances and manage their investment portfolio within acceptable risks. This service, which is free of charge, can be tailored to suit each customer’s goals and investment capacity, and they can monitor their investment results”.

The advantage of ‘B-Advice’ is that the staff have been accredited as Securities Investment Consultants by the Securities and Exchange Commission (SEC). These consultants will give customers advice along with the ‘Wealth Advice’ program to help manage financial plans, design an investment portfolio in line with customers’ acceptable risk levels, and advise them on investment timing.

The service begins with a risk assessment to judge which types of investment would best suit the customer followed by a financial health checkup to determine their current financial status. Then it proceeds to setting financial goals such as building financial stability for a family, saving for children’s education, preparing for retirement or tax planning. The service also includes advice about savings and portfolio allocation in line with their risk profile.

The ‘B-Advice’ service will help the bank tailor financial plans to suit their clients’ needs. Approval as a financial and investment advisory service provider under the ‘5-Step Confident Investing’ program by the Securities and Exchange Commission (SEC) has strengthened the bank's position as a full service financial advisor while leveraging the capability of its branches to offer value-added services to its customers.

‘B-Advice’ will be initially launched at two branches with high-potential customers, Siam Paragon and Future Park Rangsit on September 12.

Miss Pochanee said that providing wealth solutions is this year’s key strategy for the bank to develop its financial services.

“We use a customer-centric approach to assess customers’ financial goals and design our service around this. Our role as a bank is to provide them with an appropriate and flexible financial plan and wealth management service to meet their needs, so we can truly be a trusted partner for all groups of customers.”

 

Bangkok Bank Executive Vice President of International Banking Group and Bangkok Bank (China) Chief Executive Officer Suwatchai Songwanich welcomed the Economic Reporters Association committees and other journalists who joined the Advanced Development of Economic Journalists’ Project in 2018, led by Economic Reporters Association Chairman Thiraput Pemaprayunwongsa, on their visit to Bangkok Bank (China) Head Office in Shanghai. Mr.Suwatchai also gave a lecture together with Office of Commercial Affairs, Royal Thai Consulate-General, Shanghai Commercial Consul Jeeranun Hirunyasumlith. Bangkok Bank has had a presence in China for more than 25 years and was granted a licence from the Chinese government to operate a local bank in China. Bangkok Bank (China) has six branches in Shanghai, Beijing, Xiamen, Shenzhen, Chongqing and a sub-branch in Shanghai Pilot Free Trade Zone. All branches are located in China’s important economic zones.

This trip is part of the ongoing Advanced Development of Economic Journalists’ Projects, which aim to provide knowledge to journalists on the topic of Digital Money, an innovation that is changing the financial industry. The bank has sponsored this project for 13 years and this is the 7th year that the bank provided an additional budget for overseas travel, so journalists were able to get a complete range of knowledge.

Bangkok Bank approved that an interim dividend from the profit of the operations for the first half of the year 2018 be paid on September 28, 2018 at the rate of Baht 2.00 per ordinary share.

Bangkok Bank President Chartsiri Sophonpanich said the Board of Directors of the Bank adopted a resolution at the meeting No. 8/2018, held on August 30, 2018 to the effect that an interim dividend for the operations for the first half of the year 2018 be paid on September 28, 2018 at the rate of Baht 2.00 per ordinary share. The dividend was derived from retained earnings which was subject to corporate income tax of 23%. The record date for determining shareholders’ right to receive the dividend shall be September 13, 2018.

Bangkok Bank, which launched the first global FinTech accelerator in Thailand last year, Bangkok Bank InnoHub, is inviting innovators from around the world to apply for the second season from now to October 7, 2018.

Bangkok Bank InnoHub Session 2 is a 12-week intensive accelerator program which will run between November 2018 and February 2019. The program will be held at Bangkok Bank and the participants will receive expert coaching and advice from dedicated mentors within the bank, its venture capital arm Bualuang Ventures, and its corporate innovation partner, Nest.

Through the engagement with the tech startups the bank expects to develop innovative products and services suitable for the Thailand and Southeast Asia markets.

In the inaugural program eight global FinTech startups participated and Bangkok Bank is working with several of them to explore the development of new services in areas such as wealth management. One of the startups, FundRadars, has joined with Bangkok Bank’s subsidiary BBL Asset Management to offer BF Mobile Application, a new mobile application for investors to track market information and analysis.

Bangkok Bank President Chartsiri Sophonpanich said that Season 2 under the theme Inspiring Change – Unleash the Potential reflects the bank’s intention to be a digital banking leader.

Recognizing that financial solutions need to be fully integrated into people’s lives Mr. Chartsiri said Season 2 will go beyond FinTech by addressing five themes: Creating Unique Customer Experience, Digitization and Automation, Future SME Solution, Innovative Payment and Discovering Cutting Edge Technology.

“We believe that encouraging world-class technology companies to build networks and partnerships in Thailand and across ASEAN will help to enhance Thailand’s broader financial ecosystem.

“This approach will help to drive an innovation mindset and strengthen internal working processes and culture between the bank and others in the ecosystem. We look forward to developing new initiatives through our direct engagement with the startups.”

In addition to receiving expert coaching from mentors and Nest, the startups will be able to work with other companies in the Bangkok Bank financial group, while tapping into the local knowledge of the bank’s international branch network. In some cases there will also be the opportunity to raise funding through the bank’s business networks.

Mr. Chartsiri says Bangkok Bank InnoHub reflects the bank’s focus on innovation and the future and the way it helps customers adapt to the uncertainties of a changing world.

Nest Chief Executive Officer Mr. Lawrence Morgan said Nest is uniquely positioned to offer high-potential startups the opportunity to scale up with its integration-driven approach.

“We’re excited to bring our expertise on bridging ecosystems together, helping high growth startups to connect and collaborate with leading financial institutions to achieve commercial outcomes such as Proof-of-Concept (PoC). Our mission is to help startups validate their solutions and scale their businesses and as we launch our new program with Bangkok Bank, we are pushing corporate innovation to the next level,” said Mr. Morgan.

The intensive program of Bangkok Bank InnoHub will begin in November 2018 and the demo day will be organized in February 2019 when the startups will showcase their innovations to potential investors. Interested startups can apply at https://www.bangkokbankinnohub.com

 

Bangkok Bank Senior Executive Vice President and Co-Head of International Banking Group & Manager, International Branch Division, Chaiyarit Anuchitworawong (4th from left) and Bangkok Bank Assistant Vice President and Branch Manager of Vientiane Branch, Lao PDR Chadaphorn Uratchat (3rd from left) handed over a donation totaling Baht 9,941,757.56 (nine million nine hundred forty one thousand seven hundred fifty seven baht and fifty six satang) to Khampheng Saysompheng, Minister of Labor and Social Welfare of Lao PDR (4th from right), on behalf of the Prime Minister of Lao PDR. Kiattikun Chartprasert, Thai Ambassador to Lao PDR (center), presided over the donation presentation ceremony to help flood victims in Attapeu Province and Champasak Province, Lao PDR. Donations came from “Helping Flood Victims in Lao PDR” bank account number 101-3-47900-9 opened by the bank to receive donations from customers and the general public totaling 15,514 transactions worth Baht 7,941,757.56. Bangkok Bank also donated Baht 2,000,000.00. This is another example of the bank using its financial channels to collect donations. In addition, the bank made it convenient for donors by waiving all fund transfer fees.

Bangkok Bank joined with the enterprise software firm R3 to hold a “Blockchain Developers’ Meetup” to expand and drive the ecosystem within Thailand for R3’s blockchain platform, Corda. The platform was built specifically for businesses and allows any organization to transact legally binding agreements with another using Distributed Ledger Technology (DLT), a decentralized and distributed ledger which can be used to verify contracts including financial transactions.

This is the first developer community event that R3 has held in Thailand and the intention was to encourage developers to build applications using the Corda platform. The event was held at Bangkok Bank’s head office on August 21, 2018.

R3’s Managing Director and Head of Asia Carl Wegner said there is growing interest in blockchain technologies around the world, including in Thailand.

“The Corda platform was developed in close collaboration with a vast network of financial institutions, regulators, trade associations, professional services firms and technology companies to leverage the power of blockchain to address their specific business challenges.”

“We are honoured to collaborate with Bangkok Bank as our local partner in our first Thailand community outreach.”

R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 200 members and partners across multiple industries from both the private and public sectors to develop on Corda, its open-source blockchain platform, and Corda Enterprise, a commercial version of Corda for enterprise usage. Bangkok Bank was among the earliest members of the consortium, and the first Thai member, when it joined over two years ago.

Bangkok Bank Executive Director Charamporn Jotikasthira said, “We are delighted to have been an early member of R3. Our participation in this innovative consortium has allowed us to work together with some of the leading banks in the world to understand how DLT can be applied to financial services. This is one of the key building blocks in our efforts to provide innovative products and services to customers using new and emerging technologies.”

“We look forward to joining other R3 members in Thailand to form a community to add to the financial infrastructure of the nation. This is a time for a new open-minded and cooperative approach to working together.”

Bangkok Bank Executive Vice President Ian Guy Gillard said, “The work we are doing with R3 allows us to prove the value of DLT in various real-world scenarios, cooperating with other banks to improve our shared understanding. At this time we are actively collaborating on several projects and our staff are quickly adding to their skills. This supports our vision to service customers with the newest technologies but in a prudent manner. We are confident that the collaborative approach of the consortium created by R3 will allow us to accelerate progress and provide relevant and valuable solutions to our customers.”

During the Blockchain Developers’ Evening, Corda’s Developer Relations lead from London, Cais Manai gave the latest updates on Corda. Bangkok Bank shared their experiences of using Corda in the development of trade finance services using DLT and potential developers heard about opportunities to get involved.

 

Bangkok Bank Chairman of the Board of Executive Directors Deja Tulananda (3rd from right), Director H.S.H. Prince Mongkolchaleam Yugala (3th from left), Director and Executive Vice President Dr. Thaweelap Rittapirom (2nd from left), Executive Vice President and Corporate Secretary Apichart Ramyarupa (far left), as well as other bank executives and employees presented offerings to Somdet Phra Ariyawongsakatayan Somdej Phra Sangharaj Sakol Maha Sangha Parinayok and directors of the Sangha Supreme Council for a total of 19 senior Buddhist monks at 15 temples in the year of Lent 2018. This is the bank’s annual tradition to support the activities of the Sangha Supreme Council of Thailand.

 

Bangkok Bank Senior Executive Vice President Charnsak Fuangfu (2nd from right), Senior Executive Vice President Chaiyarit Anuchitworawong (2nd from left), Executive Vice President Pornnit Dunnvatanachit (right) and Senior Vice President and Trade Finance Center Manager Kajohnsak Manaviriyakul (left), welcomed Prime Minister General Prayuth Chan-o-cha (3rd from right) and Minister of Industry Uttama Savanayana (middle) who visited the bank’s booth in Thailand Industry Expo 2018 under the theme of ‘Partner to SHIFT Your Business to Success’. The booth featured modern financial services, professional advice and direct experiences from entrepreneurs to support Thai business to confidently enter the digital age while strengthening the bank’s strategy to provide quality financial services to its business customers.

 

Bangkok Bank President Chartsiri Sophonpanich (2nd from left), Senior Executive Vice President Ruchanee Nopmuang (left) and Executive Vice President Niraman Laisathit (right) welcomed the Bank of Thailand (BOT) Governor Veerathai Santiprabhob who visited the bank’s booth at Bangkok Sustainable Banking Forum 2018. Bankgok Bank has shown continuous commitment to promote ‘Sustainable Banking’ by following good governance principles with social and environmental care. At the same time, this emphasizes the bank’s status as a ‘Trusted Partner and Reliable Close Friend’ that supports clients to achieve their success by providing quality products and services while promoting the bank’s growth and enhancing benefits for its clients in order to achieve mutual success going forward.

 

Bangkok Bank President Chartsiri Sophonpanich presided over a ceremony held at the bank’s head-office to celebrate His Majesty the King’s 66th birthday on July 28, 2018. The ceremony was also attended by Vice Chairman of the Board of Directors Piti Sithi-Amnuai, Chairman of the Board of Executive Directors Deja Tulananda, directors, executives and staff. The ceremony was one of many activities organized by the bank to express its loyalty to the King.

 

Bangkok Bank President Chartsiri Sophonpanich welcomed Bank of Thailand Governor Veerathai Santiprabhob to Bangkok Bank’s booth and invited him to use ‘BeSureQR Jai Boon’ service, an e-Donation system by Bangkok Bank under ‘Giving is Happiness’ concept which aims to provide convenience and security to customers and members of the public when making a donation via a mobile banking application of all participating banks in the e-Donation system. The donation service is tax-deductible, and available now to scan to make a donation.

The Thai economy in the second quarter of 2018 continued to grow on the back of expansion of Thailand’s exports and tourism. The domestic economy started to show more visible signs of recovery with solid growth in both private consumption and private investment. Private consumption rose moderately due to the continued growth of the economy, mainly driven by non-agricultural households, especially those with medium to high incomes. In line with the solid expansion of Thai exports, those industries benefiting from growing exports have begun to invest to expand their production capacity, resulting in increased private investment. This was coupled with visible signs of government investment in infrastructure projects as well as the Eastern Economic Corridor Development Plan, which is helping to increase confidence in the business sector, improve the investment climate and attract more foreign investment. However, the Thai economy has also been impacted by external risks, stemming from the effects of severe countertrade measures between the US and other major economies, and volatility in financial markets following the movement of interest rates and currencies.

Against this backdrop, Bangkok Bank has continued its prudent approach towards financial management, maintaining liquidity and capital reserves at sufficient levels to cope with uncertainties which may arise, and to support future business expansion to ensure the Bank’s financial sustainability.

For the second quarter of 2018, Bangkok Bank and its subsidiaries have reported a net profit attributable to owners of the Bank of Baht 9.2 billion, an increase of 14.3 percent from the second quarter of last year. Net interest income amounted to Baht 17.6 billion, an increase of 6.1 percent, and a net interest margin of 2.33 percent. Non-interest income was Baht 13.7 billion, an increase of 19.1 percent, due predominantly to an increase in gains on trading and foreign exchange transactions, gains on investments, and net fees and service income mainly attributed to a rise in fee income from bancassurance and mutual funds. The Bank’s operating expenses were Baht 13.4 billion, an increase of 4.1 percent, while the ratio of expenses to operating income was 42.8 percent.

At the end of June 2018, the Bank’s loans amounted to Baht 2,065.5 billion, an increase of 3.1 percent from the end of 2017, due to loans to large corporates and loans made through the Bank’s international network. The ratio of non-performing loan (NPL) was 3.5 percent. In line with the prudent approach of setting aside adequate provisioning expenses, the Bank’s total allowances for doubtful accounts amounted to Baht 147.2 billion, which will provide a cushion against any uncertainty or new regulations.

In terms of capital, with the inclusion of net profit for the six months ending June 30, 2018, the total capital adequacy ratio, the Common Equity Tier 1 capital adequacy ratio and the Tier 1 capital adequacy ratio of the Bank and its subsidiaries would be approximately 18.0 percent, 16.5 percent and 16.5 percent, respectively. These capital adequacy ratios are above the Bank of Thailand’s minimum capital requirements. Shareholders’ equity attributable to owners of the Bank as of June 30, 2018, amounted to Baht 399.9 billion. The book value per share was Baht 209.47.

Bangkok Bank President Chartsiri Sophonpanich (2^nd from right) as the main sponsor of the 4^th Bloomberg ASEAN Business Summit in Bangkok welcomed and gave souvenirs to Thu Nguyen (left), Managing Director of VCG Partners Vietnam Fund, Dr. Santitarn Sathirathai (2^nd from left), Group Chief Economist of SEA Limited, John Brown (center), Chief Executive Officer of Agoda, and Sunil Jagtiani (right), Bloomberg’s Bangkok Bureau Chief, who were speakers and the moderator of the special session organized by the bank to showcase innovative businesses in ASEAN with the aim of encouraging more innovative businesses in the region. This is in line with the theme of the 4^th Bloomberg ASEAN Business Summit about the future of the ASEAN economy including opportunities and challenges. The ASEAN Economic Community (AEC) plays an important role in the world’s economic growth. Bangkok Bank, as a leading bank in the region, is ready to support the business sector to access economic opportunities in ASEAN with its extensive international network that comprises branches in 32 locations in 15 economies worldwide including 9 branches in ASEAN.