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GENERAL

Virtual bank applications to open in March

Business, Somruedi Banchongduang, Published on 01/03/2024

» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.

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GENERAL

SCB assesses its digital future

Business, Somruedi Banchongduang, Published on 07/10/2023

» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.

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GENERAL

SCB chief spurns ministerial post

Business, Somruedi Banchongduang, Published on 25/07/2023

» Arthid Nanthawithaya, chief executive of SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), said he would reject the post of finance minister in the incoming government if he were to be offered it.

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BUSINESS

Treading a familiar path to super-app status

Business, Somruedi Banchongduang, Published on 12/11/2022

» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.

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BUSINESS

SCB eager to usher in digital transformation

Business, Somruedi Banchongduang, Published on 04/06/2021

» Siam Commercial Bank (SCB) is planning new business strategies under what it calls the three generations of financial services, in preparation for a changing banking landscape in the post-Covid era.

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BUSINESS

With China, possibilities abound for SCB

Business, Somruedi Banchongduang, Published on 17/07/2019

» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.

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BUSINESS

BoT urges talks before passbook halt

Business, Somruedi Banchongduang, Published on 04/01/2019

» The Bank of Thailand is demanding commercial banks discuss whether they intend to cancel physical passbooks in the future because it wants to ensure banks will offer proper services to customers.

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BUSINESS

Drawing on experience

Business, Somruedi Banchongduang, Published on 05/08/2017

» Pete's Philosophy is a Facebook page created by Suripong Tantiyanon, Visa's country manager for Thailand, to give inspiration for life and work to more than 100,000 fans. He made the page for fun three years ago during a short career break after resigning from Siam Commercial Bank (SCB).

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BUSINESS

SSI to finish rehab plan by August

Business, Somruedi Banchongduang, Published on 28/03/2016

» The business rehabilitation plan for Sahaviriya Steel Industries Plc (SSI) is expected to be completed by August, one of its bank creditors has said. Among the crucial elements of the programme are a debt-to-equity swap and a new strategic partner.

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BUSINESS

SSI rehabilitation plan 'almost ready'

Business, Somruedi Banchongduang, Published on 17/02/2016

» The business rehabilitation plan of Sahaviriya Steel Industries Plc, the country's largest maker of hot-rolled coil steel, will soon be finished, says Siam Commercial Bank (SCB), one of SSI's major creditors.