Siam Commercial Bank
Siam Commercial Bank is a Thailand-headquartered bank founded on 30 January 1907, making it the first bank in the country.
Six Thai banks to sustain improved earnings through 2026: Fitch
Six Thai banks to sustain improved earnings through 2026: Fitch
They are well-positioned to face risks after years of excessive provisioning.
SCBX reports 15.6% net profit decline in Q2
Economic growth fell short of expectations, SCBX’s CEO said.
Siam Commercial Bank names new wealth management head
He is tasked with driving SCB’s goal to be the #1 digital bank in WM.
Siam Commercial Bank kickstarts 4-year journey to revamp core banking system
It has inked a MOU with Sunline to become a full-fledged digital bank entity.
SCB’s Easy and Mae Manee apps temporarily unavailable on select dates
SCB is upgrading its Easy App.
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.
Commentary
Southeast Asia’s digital banks – the road from good to great