Transcript Document
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)
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
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
About Wachovia
Wachovia Market Position – Financial Growth
Resulting in strong debt ratings for the corporation…
Global Financial Institutions and Trade Services
About Global Financial Institutions
and Trade Services Group
An International Powerhouse
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
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
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CoreStates Bank N.A.
1998
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First Union National Bank N.A.
2001
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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
Thank You