Siam Commercial Bank
Siam Commercial Bank is a Thailand-headquartered bank founded on 30 January 1907, making it the first bank in the country.
SCB says Myanmar transactions unrelated to arms trade claims
SCB says Myanmar transactions unrelated to arms trade claims
The Thai bank said that it conducted an internal investigation.
SCB X reports 2.6% higher net profit of $305.43m in Q1
Net interest income rose by fees and other income dropped.
Thailand’s SCB, SCG offers green loans for net zero buildings
The loan will help entrepreneurs transition their buildings to net zero structures.
Siam Commercial Bank buys Home Credit Vietnam Finance for $849m.
The transaction is expected to be completed in the first half of 2025.
Siam Commercial Bank’s Mae Manee app to undergo maintenance
It will be unavailable in the early hours of 23 February and 24 February.
Siam Commercial Bank advised to overhaul mobile app: analysts
Its app logged 26 failure occurrences in 2023, UOB Kay Hian analysts said.
Thailand’s SCBX sees net profit rise 15.9% to $1.22b in 2023
Cost-to-income ratio decreased to 42% from 45.2% in 2022.
SCB names ex-Citi banker as new SVP and chief wholesale banking officer
Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
Thai banks face shrinking margins, ballooning costs amidst economic woes: analyst
Thailand can’t rely on tourism to buoy reserves.
Thailand’s SCBX scraps $500m deal for crypto exchange Bitkub: report
SCBX said that Bitkub needs time to fix its issues with the local regulator.
Siam Commercial Bank joins the Equator Principles Association
SCB joins 128 financial institutions from around the world who are also signatories.
SEA banks' more crypto exposure could hit earnings in the long run: Fitch
Banks looking to dab in crypto face operational, reputational, and legal risks.
Why Siam Commercial Bank is transforming itself into a fintech group
With its reorganisation, the group plans to expand to a customer base of 200 million.
Siam Commercial Bank’s restructuring highlights Thai banks’ need for complexity: analysts
The new entity aims to become a regional fintech conglomerate by 2025.
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