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Monday, April 29, 2024

Bangkok Bank continues expanding its financial business in Asean

Bangkok Bank Senior Executive Vice President Chaiyarit Anuchitworawong said that the Bank has been granted a license from the State Securities Commission of Vietnam (SSC) to provide custody services including receipt-delivery and settlement, and safekeeping, ensuring benefits for customers, and foreign exchange services for investing in the Ho Chi Minh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX). The service will support institutional investors, securities companies, and fund management companies, both Thai and foreign, to invest in the Vietnam stock market as Vietnam is one of the top investment destinations in the Asean region.

Bangkok Bank was the first foreign bank to receive a banking services license in Vietnam to provide a full range of commercial banking operations. The Bank’s two branches, in Ho Chi Minh City (opened in 1992) and Hanoi (opened in 1994) have helped…

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