Showing 1 - 10 of 31
New SCB chief likely to move over from card division
Business, Somruedi Banchongduang, Published on 13/01/2026
» SCB X Group, a financial technology conglomerate and holding company of Siam Commercial Bank (SCB), looks set to appoint the head of Card X as SCB's next top executive as the group prepares for broad management changes.
Household debt to limit bank growth
Business, Somruedi Banchongduang, Published on 07/01/2026
» Thailand's elevated household debt is set to remain a key constraint on banking sector expansion in 2026, even as major domestic banks continue to target positive loan growth to support economic momentum.
BoT nudges banks to enlarge lending efforts
Business, Somruedi Banchongduang, Published on 20/12/2025
» As it adopts monetary policy easing, the Bank of Thailand is urging banks to expand lending to support the economy.
SCB trims retail banking unit amid debt avalanche
Business, Somruedi Banchongduang, Published on 13/09/2025
» Siam Commercial Bank (SCB) is scaling back its retail banking business in response to the country's elevated household debt and the adoption of artificial intelligence (AI).
SCB opts to scale down operations
Business, Somruedi Banchongduang, Published on 18/07/2025
» Siam Commercial Bank (SCB) plans to scale down its business operations over the next 12–18 months in response to a weaker outlook for the Thai economy.
SCB prepared to withstand tariff impact
Business, Somruedi Banchongduang, Published on 06/06/2025
» Siam Commercial Bank (SCB) believes it is properly positioned to withstand tariff-related uncertainties following a stress test mandated by the Bank of Thailand.
Two giants, one vision: SCB WEALTH and BlackRock forge global investment power for Thai investors
Business, Somruedi Banchongduang, Published on 13/05/2025
» SCB WEALTH, a key business unit of SCB, is dedicated to enhancing the wealth of Thai investors and expanding opportunities for global investments. SCB launched partnership with BlackRock who is the world’s largest asset management company. By partnering with BlackRock, a company that shares the same business philosophy, both organizations emphasize the customer-centric approach, focusing on developing investment products that truly meet clients’ needs. SCB WEALTH views wealth management as a long-term investment, ensuring a strong financial future under the concept of “Your Success. Our Success.”
SCB reduces lending rates across the board
Business, Somruedi Banchongduang, Published on 01/03/2025
» Siam Commercial Bank (SCB) has announced a reduction of its maximum loan rate by 25 basis points (bps), aligning with the Bank of Thailand's recent policy rate cut.
SCB, ttb expecting debt relief scheme to expand
Business, Somruedi Banchongduang, Published on 28/02/2025
» Siam Commercial Bank (SCB) and TMBThanachart Bank (ttb) expect more customers to participate in the "You Fight, We Help" debt relief scheme after the registration period was extended.
SCB offers more overseas wealth options
Somruedi Banchongduang, Published on 27/02/2025
» Siam Commercial Bank (SCB) is increasing access to international wealth products for Thai investors, aiming to expand assets under management (AUM) in foreign currencies to 180 billion baht by 2026.