CIMB Securities (Thailand) Ltd is the Thai investment banking and securities brokerage arm of CIMB Group. It is licensed to undertake investment banking services (such as IPO, M&A, debt and equity fund raising, placements, independent financial advisory, restructuring and underwriting), stockbroking and equities research. Helmed by a capable and highly experienced management team, CIMB Securities Thailand provides its local and foreign clients superior advice and execution. The office, backed by strong support from the Group and in-depth understanding of the local securities industry, is in an excellent position to leverage on the Group ’s international client network to create profitable and exciting business opportunities. In consumer banking, CIMB Group is the single largest shareholder of CIMB Thai (formerly known as BankThai), controlling 93.15% of the bank as of March 2009. CIMB Thai is the 10th largest commercial bank in Thailand by assets with 147 branches nationwide. It was established in August 1998 following the consolidation of 14 financial institutions in the aftermath of the Asian Financial crisis in 1997. As at 31 March 2009, its total assets and shareholders’ funds were THB 180.4 billion and THB 7.6 billion respectively. The bank offers a platform to operate and offer a wide range of financial products and services to Thai customers, both corporate and retail. Through its subsidiaries, it also provides securities services, mutual funds management, wealth management as well as insurance products. CIMB Thai represents an integral component of CIMB Group’s regional universal banking platform, which is anchored in Malaysia, Singapore, Indonesia and Thailand, the second largest banking market in Southeast Asia. CIMB Group employs over 3,000 staff in Thailand. CIMB-Principal Asset Management Company Limited ("CIMB-Principal Co Ltd") is a Thailand-based investment management company owned by CIMB-Principal Asset Management Berhad in Malaysia. CIMB-Principal Asset Management Berhad is a joint venture between CIMB Group and the Principal Financial Group, a leading Fortune 500 diversified global financial services group. CIMB-Principal Co Ltd manufactures, manages, and distributes mutual funds, property funds, private mandates, provident fund management services and investment advisory services. The company grants investors access to a skillful, knowledge-driven, and highly credible team of investment professionals with proven performance. A disciplined and integrated risk management approach is a key feature of CIMB-Principal Co Ltd's investment management portfolio. |