Bangkok Bank named custodian of $65.9m private fund

The fund is by PTT Savings and Credit Cooperative, Limited.

Bangkok Bank has been chosen to be the sole financial institution that is custodian of a private fund by PTT Savings and Credit Cooperative, Limited.

The fund is said to hold total assets valued at THB1.2b (approximately $65.92m), the Thailand-headquartered bank said in a statement in September 2025.

This covers securities settlement, safekeeping, management, and tracking of entitlements, as well as other related custody services.

Bangkok Bank said that it plays a key role in “supporting the cooperative’s investment transactions through the fund management company.”

(US$1 = THB31.86; as of 23 September 2025, Morningstar via Google)