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Siam Commercial Bank Is Top Thai Bond Dealer Last Year.

Bangkok Post (Bangkok, Thailand)

| January 07, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jan. 7--Siam Commercial Bank took top ranking for bond dealing and underwriting for 2003, according to the Thai Bond Dealing Center.

SCB processed 351.37 billion baht worth of outright trades in 2003, capturing a 14.85 percent market share. Kasikornbank fell one spot to second place with a 10.48 percent share, followed by Bangkok Bank at 9.07 percent.

Rounding out the top 10 were HSBC with an 8.32 percent share, Bank of Asia (8.17 percent), Deutsche Bank (7.67 percent), Standard Chartered (6.37 percent), ABN Amro Bank (5.42 percent), Citibank (4.81 percent) and National Securities (4.55 percent).

Among lead underwriters, SCB had 14 mandates ...

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Source: HighBeam Research, Siam Commercial Bank Is Top Thai Bond Dealer Last Year.

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