September 2004, marks a significant event for China Systems Thailand as Thai Military Bank, one of the fifth largest commercial bank in Thailand, has acquired 40 additional workstations for their operational use.

Mr. Supak Sivarak, the Managing Director and Executive Vice President of Thai Military Bank PCL (TMB), said that TMB, DBS Thai Danu and Industrial Finance Corporation of Thailand (IFCT) have been legally merged under the name Thai Military Bank (Public) Company Limited. As a result of the merger, additional workstations have been acquired to properly cater to the expected increase in the volume of trade finance transactions.

Thai Military Bank (Public) Company Limited (TMB PCL) and China Systems have consistently maintained a pleasant and harmonious working relationship for several years now. CS Eximbills, China Systems’ flagship product has been chosen as the solution for their trade finance business operation for the merged banks. China Systems is greatly honored to partner with them.

Thai Military Bank (Public) Company Limited will have a total asset of about Bt. 700 billion, as a result of the merger. TMB PCL has over 450 branches countrywide, 52 International Trade Centers, over 8,200 employees, 4 million customer based accounts and 17 business administration lines.

China Systems, the largest and leading supplier of Trade Finance systems has been providing quality trade finance solutions to TMB PCL and to the rest of the banks worldwide.

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