CIMB Thai Bank

CIMB Thai Bank Public Company Limited, previously known as Bank Thai Public Company Limited, was established in 1998 with the Financial Institutions Development Fund (FIDF) as the major shareholder. On 5 November 2008, CIMB Bank Berhad became the largest shareholder in Bank Thai and on 4 May 2009, the Bank completed the registration of its new name: "ธนาคาร ซีไอเอ็มบี ไทย จำกัด (มหาชน)" in Thai and "CIMB Thai Bank Public Company Limited" in English. This name change reflects the official transition of Bank Thai from being a single company to a member of CIMB Group. To leverage synergy of ASEAN leading banking group and be ready for the upcoming AEC, CIMB Thai Bank - Vientiane Branch has been open to operation since 25 July 2014, aiming to serve as 'Gateway to ASEAN and Beyond' for Thai and foreign clients, particularly people of the Lao PDR, to access universal financial and investment solutions via such products and services as trade finance, credit facilities and international money transfers. CIMB Thai Bank - Vientiane Branch is located on Lane Xang Avenue Road in Vientiane CBD. CIMB Group is Malaysia's second largest financial services provider and one of ASEAN's leading universal banking groups. It offers consumer banking, commercial banking, investment banking, Islamic banking, asset management and insurance products and services. Headquartered in Kuala Lumpur, the Group is now present in nine out of 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar and Laos). Beyond ASEAN, the Group has market presence in China and Hong Kong, Bahrain, India, Sri Lanka, Australia, Taiwan, Korea, the US and UK. CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM52.4 billion as at 31 March 2015. The Group has over 41,000 employees located in 17 countries and the most extensive retail branch network in ASEAN of more than 1,000 branches.