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Search Result for “SCB X”

Showing 1 - 10 of 228

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Virtual banks to bolster financial inclusion

Business, Somruedi Banchongduang, Published on 10/10/2025

» Virtual banks are 10 times more likely to reach untapped retail customers than traditional banks, improving the country's rate of financial inclusion, say new industry players.

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GENERAL

Five Thai banks revised to negative

Business, Published on 01/10/2025

» Fitch Ratings has revised the ratings outlook for five Thai banks to negative from stable, following the downgrade last week of its outlook for Thailand's sovereign credit rating.

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Microsoft to build 3 Thai data centres amid national AI push

Business, Suchit Leesa-nguansuk, Published on 18/09/2025

» Microsoft Thailand is constructing three local data centres under strategic partnerships to deliver localised cloud services. 

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GENERAL

Factors key to success of virtual banks illuminated

Business, Suchit Leesa-nguansuk, Published on 02/09/2025

» Innovative, personalised financial services powered by artificial intelligence's (AI) native capabilities and alternative data scoring are the keys to success for virtual bank operators in Thailand, according to a recent forum.

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Buy now, bankrupt later

Business, Post Reporters, Published on 01/09/2025

» Buy now, pay later (BNPL) services have swiftly risen in popularity in Thailand, riding the wave of e-commerce expansion and the appeal of flexible payment options that let consumers purchase now and settle later in instalments.

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Fitch: Bad loans expected to pressure large Thai banks

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand's six major banks are likely to face rising asset risks over the next several years, pressured by a continued increase in impaired loans, according to Fitch Ratings Thailand.

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SCB X plans to harness AI for virtual bank

Business, Somruedi Banchongduang, Published on 29/07/2025

» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.

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Emissions data obligation on the horizon

Business, Nuntawun Polkuamdee, Published on 24/07/2025

» Companies listed on the SET50 Index will be subject to greenhouse gas reduction data disclosure from 2027 as the Stock Exchange of Thailand (SET) is accelerating efforts to transform the Thai capital market's ecosystem towards a net zero and low-carbon economy.

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Bank profits up 3.97% in H1

Business, Somruedi Banchongduang, Published on 23/07/2025

» Thailand's banking industry reported a modest increase in net profit for the first half of 2025, weighed down by a decline in net interest margin, lower interest rates, and sluggish loan growth.

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Thailand’s tourism slump and household debt weigh on its lenders

Published on 22/07/2025

» Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk dampening their outlook for the rest of the year.