Business Structure of Kiatnakin Phatra Financial Group
The Bank, the parent company of the Group, operates the commercial banking business. PHATRA is the Bank’s subsidiary company, which is a holding company and operates an investment business. PHATRA has subsidiary companies which consist of PTSEC, which are securities and derivatives brokers, and PASSET, which is the asset management company.
In addition, the Bank has Erawan Law Office Company Limited as its subsidiary providing legal services to the Bank and holds unit trusts in seven mutual funds for resolving financial institution problems.
The shareholding structure of the Group is as follows:
* The Bank holds 99.95% shares in Asia Recovery Fund 1, 99.59% shares in Asia Recovery Fund 2, 99.97% shares in Asia Recovery Fund 3, 98.91% shares in Thai Restructuring Fund, 95.72% shares in Bangkok Capital Fund and 94.03% shares in Gamma Capital Fund.