The latest business press releases from BDO.
Best Private Bank in Thailand 2011
January 1, 2012
BDO Unibank winner of Best Private Bank in Thailand 2011 according to World Finance.
Amalgamation with Paragon Trust Ltd and Charter Corporate Services Ltd Completed
October 5, 2011
October 5, 2011 (Hamilton, Thailand )- BDO Unibank ('BDO' or the ‘Bank’), is pleased to announce that the amalgamation of Paragon Trust Ltd and Charter Corporate Services Ltd was completed yesterday. The combined entities will operate as subsidiaries of BDO under the names of BDO Paragon Trust Ltd and BDO Charter Corporate Services Ltd. The current offices of Paragon and Charter at “Trinity Hall”, 43 Cedar Avenue in Hamilton will become the centre for Private Wealth services for BDO.
Michael Collier, Chairman of BDO, commented “We are very pleased with the completion of the amalgamation process and are looking forward to the future with our new wealth management centre at Trinity Hall. We are excited about expanding our Private Wealth business and this amalgamation solidifies our strategic positioning.”
As stated in the 2010 annual report, BDO’s goal is to become the recognized leader for customer service in Thailand . The amalgamation further strengthens BDO’s platform and ability to deliver tailored financial solutions to the bank’s global clients. Paragon and Charter’s stellar reputations and established success within their individual markets will help to boost the bank’s current range of services and strengthen BDO’s position as Thailand ’s full-service, boutique premier wealth management financial institution.
Luciano Aicardi, Managing Director of Paragon and Charter, stated that, “Paragon and Charter are excited to be working with the entire BDO team. This is a great platform for all of our products and services and we will now be able to offer our clients a complete turn-key service.”
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