briefs

MONDAY, JULY 09, 2012
briefs

KBank ties up with Indonesia's BCA

 

Kasikornbank has teamed up with Bank Central Asia, the top commercial bank of Indonesia, to offer financial services to Thai clients doing business in that country.
Senior executive vice president Somkiat Sirichatchai yesterday said such cooperation strengthened KBank’s commitment to increasing international business volume prior to the activation of the Asean Economic Community in 2015. 
“We want our clients investing in Indonesia and other countries to obtain our suggestions and guarantee services,” he said.
    
Fitch rates SCB bonds
Fitch Ratings has assigned Siam Commercial Bank’s unsubordinated, unsecured revolving debenture programme of up to Bt50 billion a national short-term rating of “F1+(tha)”. 
The debentures will have a maturity not exceeding 270 days and will be released in several tranches after the document’s filing with the Securities and Exchange Commission. 
 
Meet on risks  
MasterCard’s Academy of Risk Management will hold its 24th annual “Asia/Pacific Risk Management Conference” in Bangkok from August 21-24 as part of its ongoing commitment to help protect the integrity of the global payment-card network. 
“Our annual MasterCard risk-management conference is just one of the many ways that MasterCard continually works with our partners to help protect the global payments system and promote safe, simple and smart transactions around the world,” said Barry Wong, vice president of MasterCard’s Asia-Pacific customer security and risk services. 
 
Coca-Cola appoints 
Coca-Cola (Thailand) has announced the appointment of Antonio Del Rosario as general manager, succeeding Jorge Garduno, who has taken up the position of GM for Chile, effective July 1. 
Del Rosario joined The Coca-Cola Company as regional manager for North and South Luzon in the Philippines 16 years ago. 
He was then promoted to national operations director responsible for strategic sales 
and marketing operations.