Siam Commercial Bank seeks tapping corporate customers

Lender sees high-value financial services as vital scheme to strengthen bank’s profitability amidst fierce competition.

Siam Commercial Bank plans to provide high-value services for corporate clients to drive income amidst tough competition in the segment, says Arthid Nanthawitthya, a senior executive vice-president.

The bank would concentrate on offering financial solutions packages for large customers. The strategy would aim to increase margins in terms of both interest and fees at a time when the market is becoming increasingly price competitive. Demand for exclusive financial services of corporate customers has increased, he said.

"Large businesses want to use one bank that offers all the financial service solutions for a given project. ... [Offering these services] would be win-win strategy for both [customers and the bank]," he said.

"Customers would receive greater satisfaction from the terms and conditions of the financial services, while the bank can get better income from the full-range financial package.

View the full story in Bangkok Post.

Follow the link for more news on

Also Read

BOK joins project exploring use of tokenisation to improve cross-border payments

SCB names ex-Citi banker as new SVP and chief wholesale banking officer

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit