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Search Result for “loan growth”

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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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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

New food delivery apps seeking a bite

Business, Suchit Leesa-nguansuk, Published on 10/06/2020

» Competition in food delivery apps is expected to intensify as a series of newcomers jump into the 35-billion-baht market, with some aiming to leverage customer insights for their other businesses.

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BUSINESS

Fresh virus spikes give investors pause

Business, Published on 22/02/2020

» Recap: Most Southeast Asian stock markets ended lower yesterday, with Indonesia losing the most and Thailand the sole gainer, as a sharp rise in new coronavirus cases dented the appeal of riskier assets.

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BUSINESS

An impressive showing for M&A

Business, Post Reporters, Published on 28/12/2019

» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.

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BUSINESS

Too early for rate hate

Business, Published on 10/08/2019

» The Bank of Thailand voted 5-2 in favour of cutting its policy interest rate by 25 basis points to 1.50% in response to weak economic growth. The move came as a surprise to the market and to us. At this point, we believe that the central bank may wait to see the impact from Wednesday's decision before taking any additional steps.

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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.