Quanchai, our gracious host in Bangkok, Past Rotary president and 2009 GSE team leader to the US was able to arange a meeting with Bangkok Bank. I was excited to meet with the Bank and get a better understanding of their operations and how it may relate to what I do at Babson Capital. The GSE team intersted to le
arn of the bank and in some respects trying to get a better understanding of what I do also accompanied me. The first part of the day was spent touring the normal operations of the bank including a visit to the vault. We were then escorted to the 24th floor which included all of the investment activities of the bank which included private banking, fund management and the securities divison. Sornsak Sroisangchan, officer in the Fund Mangement department walked me through the structure of the bank and the various attributes of the bank including the investment subsidaries. the bank is relatively small by US standards but quite large in Thailand. Banking and finance is beginning to evolve rapidly, as it was not until recently where the bank was allowed involvment in foreign investments. This has been relatively limtied to date due to the US /global financial crisis over the last year. ;"bad timing" according to Sornsak.
arn of the bank and in some respects trying to get a better understanding of what I do also accompanied me. The first part of the day was spent touring the normal operations of the bank including a visit to the vault. We were then escorted to the 24th floor which included all of the investment activities of the bank which included private banking, fund management and the securities divison. Sornsak Sroisangchan, officer in the Fund Mangement department walked me through the structure of the bank and the various attributes of the bank including the investment subsidaries. the bank is relatively small by US standards but quite large in Thailand. Banking and finance is beginning to evolve rapidly, as it was not until recently where the bank was allowed involvment in foreign investments. This has been relatively limtied to date due to the US /global financial crisis over the last year. ;"bad timing" according to Sornsak.
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