Krung Thai” joins forces with “Fidelity” to expand investment base in assets around the world

Bangkok, May 10-Krung Thai Bank" joins hands with "Fidelity", a global investment management company. Create a superior investment experience with products and services tailored specifically for bank customers Plus insights from Fidelity's analyst team. Specializing in all assets worldwide Opportunity to generate returns in all market conditions strengthen financial stability for Thai investors Aiming to expand wealth customer base (Wealth) grow 100% within 3 years

Mr. Payong Srivanich, President Krung Thai Bank revealed that Krung Thai Bank as the country's leading commercial bank Leading the Investment Innovation Revolution plays an important role in helping to develop the Thai capital market And help Thai people generate returns on investment in every market rhythm. through the design and development of a wide range of investment products on digital channels that are easily accessible to everyone Both the "Paotang" and Krungthai NEXT applications are comprehensive and thorough. Leading innovation and technology To develop asset management services or Wealth Tech to expand the Wealth customer base to grow 100% within 3 years. with net assets under management (AUM) of 2 million baht or more, more than 200,000

This is to meet the needs and offer the best financial solutions to customers. The bank therefore cooperates with a global partner, Fidelity International, a world-class investment management company. with more than 50 years of business experience in 25 countries around the world Manage assets worth more than 728 billion US dollars. To enhance the bank's comprehensive investment services both being a personal investment advisor Introduction to investment portfolio allocation Strategies for capturing market timing to invest Developing a variety of investment products without borders and analytical services by a team of Fidelity experts That will help create a different and superior investment experience for bank customers.

this cooperation It is a combination of the strengths of two leading financial organizations. with long experience in doing business Krung Thai Bank is a leader in revolutionizing investment product development in the country, with deep knowledge and understanding of domestic financial markets and customers. With a nationwide client base of more than 40 million, Fidelity specializes in investing in global markets. There is a team of fund managers. and analysts who specialize in managing a wide range of assets. Including equities, fixed income, mixed assets and real estate which will exchange views Ongoing research Regularly with investment bank experts Help customers make accurate investment decisions. Raise the level of investment to reach financial goals with stability and sustainability.

Initially, Krung Thai Fidelity Bank and Krung Thai Asset Management (KTAM) will join forces to form three globally diversified investment funds, separated by return targets. and the level of risk that customers can accept For Krungthai Bank customers especially This fund will benefit from expertise. and the ability to manage investment portfolios Efficient and timely in-depth analysis of global market conditions, as well as professional risk management strategies. combined with a deep understanding of the goals of wealth management for Thai customers from all three partner organizations

Mr. Rajiv Mittal, Managing Director, Fidelity International Asia Pacific (excluding Japan), said Fidelity saw potential. and the growing trend of wealth management in Asia exponentially. therefore focusing on expanding the business continuously Southeast Asia is one of Fidelity's key targets. which has been serving clients in the region for over 20 years. It will give Fidelity the opportunity to bring decades of global investment management experience to one of the region's fastest growing economies. With Fidelity's global investment expertise Combined with Krung Thai Bank's extensive network and deep understanding of the Thai market and customers. to expect will be able to deliver a wider range of services and solutions to Krung Thai Bank

under this cooperation Fidelity will support Krungthai Bank in a number of areas, such as investment products. Help bank customers access products and various assets around the world investment advice Helps to advise clients on proper allocation of investment portfolios based on return targets. Including the development of personnel training courses. help enhance the experience and expertise on investments for the bank's investment advisers. For the best benefit of Thai investors - Thai News Agency

Source: Thai News Agency

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