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Bank of China makes first wealth management foray in Thailand

In a bid to tap into an estimated US$214 billion of HNW wealth in Thailand, Bank of China (BOC) has launched its first “Prestigious Wealth Management (PWM) Centre” in Bangkok. Che Jun, general manager of BOC’s Bangkok branch, says the unit is aiming to achieve 1.5 billion baht (US$48 million) in transaction value for this year. “We have now officially launched…

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