Standard Chartered Thailand

Standard Chartered Thailand (officially Standard Chartered Bank (Thai) PCL, Thai: ธนาคารสแตนดาร์ด ชาร์เตอร์ด (ไทย) จำกัด (มหาชน)) is a banking and financial services company in Thailand and a subsidiary of Standard Chartered.

Standard Chartered Bank has been in Thailand since 1894 when the Chartered Bank of India, Australia and China first established a branch in Bangkok.

In 1999, Standard Chartered acquired 75 percent of the shares of Thailand's Nakornthon Bank for 12.377 billion baht (£193 million at the time).

Twenty-five per cent of the shares are held by the Financial Institutions Development Fund, a fund established by the Bank of Thailand, which has recapitalised Nakornthon to approximately seven billion baht (£109 million).

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