Bankok Post also stated Tisco Bank’s head of wealth management, Picha Ratanatam as saying that the bank had managed 90 billion baht under its wealth management project in 2011, which is set to increase to 100 billion baht this year.
Further, the number of investors is said to increase to 4,000 by year-end from 3,500 now.
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According to Picha, the new service, called the Global Asset Allocation Advisory, requires a minimum investment of 5 million baht.
Moreover, the bank will open the first advisory branch in Sukhumvit Soi 63 (Soi Ekamai) on 1 August 2012 and mini branches in leading department stores later.
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