Thai banks on the move! SCB grabs top risk management award & BBL’s army march on China

English: A sculpture of Garuda, at a branch of...

English: A sculpture of Garuda, at a branch of Siam Commercial Bank in Khon Kaen, that was given by the King of Thailand to reliable enterprises as royal warrant holders. (Photo credit: Wikipedia)

Local press, Matichon, a newspaper for the progressive intellect and Thai Rath, an anti Thaksin newspaper, reports separately, that Thailand’s Siam Commercial Bank, has won Asia Risk Magazines, House of the Year award, for excellence in risk management. Then Thailand’s giant banking group, Bangkok Bank, has invited several top think tank on economics from China, to a seminar in Bangkok, entitles, “Preparing the Army (businessmen), for changes in China.” While the Thai political turmoil is causing a great deal of concern on the political front, the World Bank said Thailand should be able to weather the crisis, based on private sector strength.

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