The Stock Exchange of Thailand (SET) plans to double stock trading accounts to 1.5 million in the coming years through the internet, bank and broker channels.
On Thursday it signed an agreement with CIMB Thai Bank as the ninth partner bank for the Banker to Broker project, begun three years ago to foster synergy with banks. The other banking partners are Bangkok Bank, Bank of Ayudhya, Kasikornbank, Tisco Bank, Krungthai Bank, Thanachart Bank, Siam Commercial Bank and Kiatnakin Bank.
The SET will teach bank staff about equity markets and recommend products to suggest to customers opening securities trading accounts.
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