Banking News Daily




The World Facts

Oct, 22 The price of the oil basket (OPEC) fell to $60 a barrel.

Oct, 17 World oil prices fell below $70 a barrel.

Oct, 6 The capitalization of the world stock exchanges fell by 2.5 trillion dollars.


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BankThai (BT)


BankThai (BT)BankThai Public Company Limited is a government-operated commercial bank in Thailand. The Bank provides such loan services as fixed loans, purchased and discounted bills, letters of guarantee and loans for industrial, import and export and other commercial activities; deposits, including savings accounts, special savings, fixed deposits and current accounts; trade finance and international remittances, covering international money transfer, foreign exchange services and import- and export-related services. BankThai has 10 subsidiaries in securities, leasing, advisory, insurance and other commercial businesses.

Headquarters:Bangkok, Thailand
Address:44 North Sathon, Silom Bangrak Bangkok 10500
Phone:+66-2-6388000
Leadership:Thavi Butsunthorn, Chairman
Website:www.bankthai.co.th
World Banks


Business and Financial News

Citigroup will sell Citibank Privatkunden AG for $7.7bn - 06.12.2008
Banking giant Citigroup Inc. says it will sell its German retail banking operation and some of its affiliates to France's Credit Mutuel, in $7.7 billion cash deal.
 
Repartition of the Global Banking System is inevitable - 05.12.2008
The financial crisis continues to storm in the global markets. This time the main victim of crisis is a banking system developed and developing countries. And experts notice, that the global banking system will undergo huge changes by 2012.
 
US government puts up $300bn in Citigroup rescue - 25.11.2008
The US government pulled Citigroup back from the abyss yesterday with a comprehensive bail-out that saw taxpayers guaranteeing $306bn of risky assets and injecting $20bn of capital into the banking group.
 
HSBC cuts 450 jobs in Hong Kong - 18.11.2008
HSBC was laying off 500 people in Asia, 90 percent of them in Hong Kong, in a further indication that the Asian financial community, so far relatively unscathed by mass layoffs seen on Wall Street, is being affected by the global financial crisis.

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