Showing 1 - 10 of 55
Thai virtual bank race heats up as bidders outnumber permits
Published on 23/09/2024
» Thailand’s virtual banking competition is heating up as applications exceeded the number of licences the central bank plans to grant.
SCB WEALTH Partners with Baker & McKenzie for Inheritance
Published on 28/08/2024
» Dr. Yunyong Thaicharoen (2nd from left), Senior Executive Vice President and Chief Wealth Banking Officer at Siam Commercial Bank, along with Mr. Komkrit Kietduriyakul (2nd from right), Director and partner specialising in banking and capital market practices at Baker & McKenzie Co., Ltd., have announced a strategic collaboration. This partnership aims to provide SCB WEALTH clients with expert legal and tax advisory services related to family asset and inheritance management, establishing holding companies, drafting family constitutions, and structuring family businesses. The objective is to ensure that inheritance asset management is conducted in a manner that promotes stability and sustainability across generations. The event was also attended by Mr. Sornchai Suneta, CFA (far left), First Executive Vice President of the Investment Office and Product Function, Wealth Banking Group at Siam Commercial Bank, and Ms. Benja Supannakul (far right), Director and partner specialising in banking and capital market practices at Baker & McKenzie Co., Ltd. The announcement took place recently at Siam Commercial Bank’s Head Office.
Baht tipped to rise to 36.1 to the greenback
Business, Nareerat Wiriyapong, Published on 09/07/2024
» The baht could appreciate further to 36.1 to the US dollar in the short term following recent gains to a one-month high on Monday as weaker than expected US economic data prompted the market to anticipate the Federal Reserve may start trimming US interest rates in September.
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.
Spotlight on fourth-quarter earnings
Business, Published on 06/01/2024
» Now that the US Federal Reserve has started to signal that interest rates will fall this year, funds have increasingly returned to equities.
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.
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.
CardX promises worry free business transfer assuring customers of seamless experiences
Published on 28/10/2022
» Card X Co., Ltd. (CardX), an operator of credit card, cash card and personal loan services, and Siam Commercial Bank (SCB) on 20 October 2022 notified the bank’s customers of the transfer of partial credit card, Speedy Cash card, and Speedy Loan services from SCB to CardX.
'Post' names CEOs of the year
News, Published on 28/12/2021
» The Bangkok Post, Thailand's leading English-language news media outlet, this year launched its "Bangkok Post CEO of the Year 2021" campaign for the first time.
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.