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Search Result for “low cost”

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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

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

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.

BUSINESS

Five commonly misunderstood market concepts, explained

Business, Published on 23/03/2019

» I am no political guru and am making no predictions about tomorrow's election outcome, so writing an article based on election results would be like gambling. Therefore, I have decided to try something that has a longer shelf life. It is based on my experience from various investment seminars over the past couple of years, which has shown me that there are at least five concepts about the market that are commonly misunderstood.

BUSINESS

Key macro strategy themes for 2019

Business, Published on 26/01/2019

» Overall, global markets started the year with positive returns from most equity markets. Can this positive momentum continue? Our research team at SCB Securities stands by our optimistic view. We offer four top-of-mind themes for 2019 affecting our investment decisions going forward.

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BUSINESS

SCB's digital transformation takes shape

Business, Published on 31/08/2018

» Siam Commercial Bank's cost-to-income ratio is expected to peak by the first quarter of next year after hefty investment under the five-year SCB Transformation programme.

BUSINESS

Not the time to sell

Business, Published on 21/07/2018

» The SET index touched an all-time-high intra-day peak of 1,852 points at the end of February this year. By the end of June, it was 14% off that peak, falling to around 1,600. One of the chief culprits was extreme foreign fund outflows.