Siam City Bank, PCL (SCIB) was established in 1941 by government officials and members of royal family with initial registered capital of Baht 1 million. In August 1994, SCIB was listed in the Stock Exchange of Thailand and its shares were traded for the first time. In April 2002, SCIB became the 5th largest Bank (asset size) in the nation after the merger with Bangkok Metropolitan Bank. At SCIB, our mission is to provide a comprehensive range of products and services to all individuals and businesses with highest quality of personal-touch services. As of 3Q05, we have a registered capital of Baht 21,128 million, Baht 463,105 million in assets, 6,594 employees, and 375 branches nationwide . SCIB common stock was re-traded on the Stock Exchange of Thailand under the symbol "SCIB" on December 1, 2003, with free float of 17.5% and increased to 52.5% after holders of SCIB-C1 warrants were fully converted into common shares. The Bank then changed its status from a state enterprise to a private commercial bank on 25 November 2004. As of the end of September 2005, the Bank had a market capitalization of Baht 54,933 million (ranking 5th in the Thai banking sector).