Siam Commercial Bank

Go-Jek snags investment from Thailand's largest lender

[SINGAPORE] Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people familiar...

Thailand's Siam Commercial Bank expands to Myanmar in overseas growth push

Thailand's Siam Commercial Bank expands to Myanmar in overseas growth push

[BANGKOK] Thailand's Siam Commercial Bank (SCB) is looking to issue loans up to 7 billion baht (S$302.7 million) over the next five years in Myanmar after receiving a preliminary approval to set up a ...

Top Thai bank sees digital platform driving surge in loans growth

Top Thai bank sees digital platform driving surge in loans growth

Siam Commercial Bank forecasts digital lending to retail customers climbing almost eight-fold this year

Thailand's Siam Commercial Bank FY profit down 7 per cent

Thailand's Siam Commercial Bank FY profit down 7 per cent

[BANGKOK]Thailand's second-largest lender, Siam Commercial Bank Pcl (SCB), reported a 7.1 per cent fall in full-year profit on Thursday, citing lower non-interest income from its fee waiver and insura...

Julius Baer to tap Thai wealth with Siam Commercial Bank venture

Julius Baer to tap Thai wealth with Siam Commercial Bank venture

[BANGKOK] Switzerland's Julius Baer is forming a joint venture with Siam Commercial Bank (SCB), the latest foreign bank looking to tap Thailand's growing wealth.

More than 16.9b baht in bank shares transferred on Thai king's behalf

More than 16.9b baht in bank shares transferred on Thai king's behalf

[BANGKOK] The financial arm of Thailand's ultra-rich monarchy has transferred bank shares worth more than US$500 million on behalf of King Maha Vajiralongkorn, according to the Securities and Exchange...

Siam Commercial in exclusive talks with FWD for US$3b insurance deal: sources

Siam Commercial in exclusive talks with FWD for US$3b insurance deal: sources

SIAM Commercial Bank (SCB) has entered into exclusive talks with Hong Kong insurer FWD Group to sell its life insurance arm, which could raise US$3 billion for Thailand's third-biggest lender, people ...

Siam Commercial Bank plans digital revamp

Siam Commercial Bank plans digital revamp

SIAM Commercial Bank Pcl, Thai-land's oldest homegrown lender, plans to reinvent its mobile digital payment platform as a lifestyle app to help fend off competition from upstart financial technology p...

Chemical fire extinguisher leak kills eight in Thai bank

Chemical fire extinguisher leak kills eight in Thai bank

[BANGKOK] Eight people died and seven were injured when they accidentally triggered a fire extinguisher system in the headquarters of a major Thai bank, releasing a suffocating cloud of chemicals, off...