The Bangkok Bank of Commerce (BCC) exemplified the postwar rise of Thai banking after nearly a century in which its integration into the international monetary system had been dominated by foreign players. Under the control of prominent Sino-Thai families protected by strong political connections, BCC prospered in the underregulated financial sector of the Cold War period. After suffering significant write-downs in the turmoil of the 1980s, the bank finally collapsed in 1996. Its demise was integral in triggering the devaluation of the Thai baht and the broader Asian Financial Crisis that ensued in 1997.

 

Address : 9 Phangnga Road, Talat Yai, Mueang Phuket, Phuket 83000

 

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Everyday 10:30–18:30

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