TH
TCAP 48.75THB
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TH

Thanachart Finance and Securities Company Limited was established in 1980. It gradually evolved and expanded into various financial businesses until it covered all types of financial businesses. It advanced further and became the country’s leading financial business group which was widely accepted.

Currently, the Company operates an investment business and is the parent company (holding company) of Thanachart Group. It operates a wide range of financial businesses, including hire purchase, non-life and life insurance, securities brokerage, asset-based financing, non-performing asset management, and investment.

  • The Company had been implementing its strategy by consistently increasing its investment in subsidiaries and associated companies.

    In line with the strategic plan, the Company had continuously increased its shareholding in subsidiaries and associated companies. This included increasing its stake in THANI, TNI, TNS, and ttb, while also seeking opportunities for potential investments to enhance diversification, stability, and overall Company performance. This served as a foundation for generating sustainable returns to shareholders in the long run, aligning with the Company's vision of “becoming a leading diversified investment company, widely recognized for its stability, sustainability, and good returns”.

  • Changing business strategies and policies to respond to COVID-19 pandemic

    The global COVID-19 pandemic and the government’s measures to suppress virus transmission had severe impacts on the economy. As a result, the Company changed its business strategy and policy to respond properly to the situation. In 2020, it disposed of all its equity stake in Ajinomoto. On the other hand, during the period from 2020 - 2021, the Company increased its shareholdings in its subsidiaries and associated companies as it foresaw their potential growth. It also wanted to support the business operations of all the subsidiaries, ensuring that they had stable financial positions. In addition, in 2021 it started offering asset-based financing services in which it had expertise through its equity stake in T-Plus. The key objective of implementing all such activities was to create a foundation for generating appropriate and sustainable returns for shareholders in the long term. This was in line with its strategy to become a diversified investment holding company which invested in a diverse range of financial service providers. Importantly, the Company had expertise in all these financial services.

  • Thanachart Capital, as a Bank Holding Company, changed the shareholding structures of Thanachart Group’s member companies. In this connection, it sold all its equity stake in TBANK to TMB Bank Public Company Limited for the purpose of the merger between TMB and TBANK. Recognizing the potential and strengths of the two banks, the Company foresaw that the merger would produce a large commercial bank which almost doubled in size with total assets amounting to almost 2 trillion baht. Importantly, their business structures and expertise would support each other. The new bank which was created from the merger would be a bank whose number of customers increasing to about 10 million. This represented greater market potential, a larger market share as well as more business opportunities as a result of the two banks’ combined competitiveness and expertise.

    In this connection, the Company would become a Diversified Investment Holding Company. It invests in companies operating a variety of financial services businesses in which Thanachart Group has expertise. The Company is also a major shareholder of the new bank which is created from the merger. As a result, the Company will earn stable long-term returns on investment.

  • Thanachart Capital and MBK Public Company Limited jointly purchased all the ordinary shares of Siam City Life Assurance Public Company Limited from TBANK and changed the name to MBK life Assurance Public Company Limited. The acquisition served as a business operations strategy aimed at enabling Thanachart Group to operate both non-life and life insurance businesses again.

  • On 3 May 2013, TBANK and Prudential Life Assurance signed an Exclusive Bancassuance Agreement for recommending life insurance products and services through TBANK’s branches for 15 years. TBANK sold common shares of Thanachart Life Assurance in a total of 328,500,000 shares or 100 percent of all paid-up shares. Prudential Life Assurance purchased shares in the amount of 17,500 million baht.

    Thanachart Capital provides fully integrated financial services and closely monitors the operations of all member companies of the Group under the good corporate governance, aiming to avoid conflicts of interest at all levels of work.

  • After the successful in transferring business from Siam City Bank to Thanachart Bank, Thanachart Group has put a strong emphasis on building the solid foundation for strength in areas such as training, human resource development, branch renovation, improvement on IT as well as servicing and working process, to enhance its competitiveness, support future business growth, and better fulfill every need of customers under the strategy of Transformation to Strength and realizing synergies.

  • Thanachart Group successfully implemented its merger with Siam City Bank in accordance with the established corporate plan. In particular, Siam City Bank transferred all its business, called the Entire Business Transfer: EBT, to Thanachart Bank on 1 October 2011. As a result, Thanachart Bank became one of the country’s top commercial banks and had larger assets size and customer base with more suitable loans and deposits composition. It also provided financial products and services through its extensive branch network and ATMs nationwide. This merger represented an important foundation for enhancing Thanachart Group’s future business potential.

  • On 9 April 2010, Thanachart Bank completed the purchase of 47.58% of total Siam City Bank’s issued and paid-up shares held by the Financial Institutions Development Fund. In June and November 2010, Thanachart Bank conducted tender offers to buy additional shares of Siam City Bank from general public shareholders. Consequently, Thanachart Bank’s shareholding was 99.95% of Siam City Bank’s total issued and paid-up shares.

  • The Bank of Thailand approved BNS to hold the additional shares of Thanachart Bank by purchasing the existing shares of Thanachart Bank from the Company. In this regard, the aggregate number of shares held by foreign shareholders including the existing ordinary shares held by BNS and other foreign shareholding must not be exceeding 49 percent of the total paid-up shares of Thanachart Bank. Later, on February 3, 2009, the Company sold its existing ordinary shares of Thanachart Bank to BNS. This transaction made BNS holds 48.99% of Thanachart Bank while the Company holds 50.92%.

  • The Company has disposed its investments in 8 subsidiaries, which have been engaging in both financial business and supporting business to Thanachart Bank in order to comply with the Group’s reorganization plan in line with the Consolidated Supervision. At the same time, the Bank of Nova Scotia (BNS) has become the Group’s strategic partner participating in managing the business for enhancing the competitiveness of Thanachart Group by holding 24.98% of Thanachart Bank shares.

  • The Ministry of Finance gave the approval to the Group’s reorganization plan in line with the One Presence Policy of the Financial Sector Master Plan. The Company, then, transferred its hire purchase business operation with the Company keeping the existing hire purchase customers who continue making their payments until the last installment is paid while Thanachart Bank Public Company Limited giving hire purchase loans to new customers. For transactions related to deposit taking and lending, all of them were completely transferred to Thanachart Bank in this year. As a result, Thanachart Bank has been the Group’s only financial institution that has been engaged in banking business and taking deposits from the public. In the following year, the Company returned its finance business license to the Ministry of Finance and has become a holding company of a financial business conglomerate under the Bank of Thailand’s Consolidated Supervision.

  • Thanachart Bank Public Company Limited was awarded a Full Commercial Banking License. In this year, the Bank of Thailand and the Ministry of Finance introduced a number of measures aimed at enhancing the efficiency of the financial system by rationalizing the structure and roles of financial institutions under the Financial sector Master Plan. Thanachart Capital and Thanachart Bank submitted their reorganization plan in compliance with the One Presence Policy.

  • The Ministry of Finance granted the Restricted Banking License to Ekachart Finance Public Company Limited. To receive the license, Ekachart Finance returned its Finance Business License back to the authority and changed its name to Thanachart Bank Public Company Limited. Thanachart Bank then commenced its operations on 22 April 2002

  • The Ministry of Finance announced a policy to encourage a consolidation among finance companies by offering a Restricted Banking License, to replace a Super Finance License announced earlier by the government.

    Following to the policy, the Company applied to the Bank of Thailand for a Restricted Banking License by using Ekachart Finance Public Company Limited as a core company to set up Thanachart Bank in 1999.