About Wachovia and the Global Financial Institutions and Trade Division
About Wachovia This is Wachovia Eleventh largest capitalized bank in the world 46th largest corporation in the world (based on market capitalization) 110,000 employees worldwide Superior debt ratings (Senior Debt) Moody’s Aa3, S&P A+, Fitch AA- 15 million household and business customer relationships 77,000 commercial and corporate customers (Financial Data as of September 30, 2006)
A Leading U.S. Financial Institution About Wachovia A Leading U.S. Financial Institution Fourth largest bank (assets) Third largest branch network Third largest deposit share Third largest retail brokerage Fourth largest letter of credit bank Third largest treasury services provider
A Significant Regional Player with Strategic Growth Across the Nation About Wachovia A Significant Regional Player with Strategic Growth Across the Nation Golden West acquisition strengthens retail franchise and growth profile: 5.9% national market share in high growth/ high wealth markets Creates Top 5 bank in Western U.S. Creates Top 10 Mortgage Bank
Wachovia Market Position – Financial Growth About Wachovia Wachovia Market Position – Financial Growth Resulting in strong debt ratings for the corporation…
Global Financial Institutions and Trade Services
An International Powerhouse About Global Financial Institutions and Trade Services Group An International Powerhouse
A Significant Presence About Global Financial Institutions and Trade Services Group A Significant Presence Over 7,000 correspondent banking and trade relationships with 3,000 accounts in 130 countries 44 offices throughout Europe, Asia and Latin America Seven foreign branches in Frankfort, Hong Kong, London, Seoul, Shanghai, Taipei and Tokyo Six U.S.-based international processing centers in Charlotte, Los Angeles, Miami, New York, Philadelphia and Winston Salem Foreign exchange operations in Charlotte, Hong Kong and London
Significant Market Share in Correspondent Banking About Global Financial Institutions and Trade Services Group Significant Market Share in Correspondent Banking No.1 in Asia No. 1 in Latin America No. 4 in Western Europe Among top banks in third party trade outsourcing Seventh in CHIPS payment traffic Major payments bank More than $160 Billion in payments processed each day Major check and cash letter bank Over 18 million processed each day (more than any single Federal Reserve bank) First bank in world to receive image cash letter sent via SWIFTNet Fileact
Bangkok Representative Office First Representative Office in Asia opened 1972 Named 1972 - Philadelphia National Bank N.A. 1990 - CoreStates Bank N.A. 1998 - First Union National Bank N.A. 2001 - Wachovia Bank N.A. Policy “ Banker’s Bank”
Wachovia Bank, NA. Bangkok Representative Office Address: 12th Floor, Tonson Tower 900 Ploenchit Road Lumpinee, Pathumwan Bangkok 10330 Thailand Telephone: (662) 257-0322 Fax: (662) 257-0331 Numtip Duangdee, Director & Country Manager Siriwan Pattamavalai, Associate & Customer Service Manager Mukrat Theinsuttikul, Associate & Marketing Representative Chanin Srikorakul, Associate & Marketing Chuensumon Nantavit, Customer Service Specialist Prapaporn Chonukoolwong, Customer Service Specialist Kanokvan Pitutip, Customer Service Specialist
About Global Financial Institutions and Trade Services Group A Unique Approach Partnership vs. competitor approach No. 1 bank in the world for overall customer satisfaction (Flmetrix) Wachovia Ranked No. 1 in Overall Satisfaction for Second Consecutive Year Ranking Determined by FImetrix in a Survey of Global Financial Institutions
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