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BUSINESS

Using digital tech, SCB X eyes virtual bank licence

Business, Somruedi Banchongduang, Published on 08/04/2023

» SCB X, a holding company of Siam Commercial Bank (SCB), is keen to obtain a virtual bank licence as part of its five-year business strategy.

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BUSINESS

Line BK maintains data development goal

Business, Somruedi Banchongduang, Published on 25/02/2023

» After operating for more than two years, Line BK, a social banking collaboration between Kasikornbank (KBank) and Line Corporation, aims to book a net profit in 2024.

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BUSINESS

KBank aims to augment digital loans

Business, Somruedi Banchongduang, Published on 07/02/2023

» Kasikornbank (KBank) plans to expand its digital lending this year with stronger control of loan quality, while also growing its mobile banking user numbers.

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BUSINESS

KTC shifts from car hire-purchase loans

Business, Somruedi Banchongduang, Published on 04/01/2023

» Krungthai Card Plc (KTC), a non-bank entity under Krungthai Bank (KTB), is edging away from car hire-purchase loans after the consumer regulator tightened the rules for this segment.

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BUSINESS

AutoX eyes rapid ascent for car title loans

Business, Somruedi Banchongduang, Published on 16/11/2022

» AutoX Co Ltd, a new player in the car title loan market, aims to be among the top three in the sector with 70 billion baht in loans outstanding in three years.

BUSINESS

Tisco anticipates positive loan growth this year

Business, Somruedi Banchongduang, Published on 18/01/2022

» Tisco Bank aims to book positive loan growth for 2022 -- for the first time since the outbreak of Covid-19 -- mainly supported by its used-car and corporate loan expansion.

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BUSINESS

KTC upbeat on large profits for this year

Business, Somruedi Banchongduang, Published on 13/01/2022

» Krungthai Card Plc (KTC), a non-bank company under Krungthai Bank Group (KTB), hopes to book large profits this year, supported by its new S-curve businesses.

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BUSINESS

Robinhood sets out plans to be a 'super app'

Business, Somruedi Banchongduang, Published on 27/10/2021

» Robinhood, a Thai food delivery platform under Siam Commercial Bank (SCB) group, plans to raise funds next year and launch three non-food services, aiming to become what it calls a regional "super application".

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BUSINESS

Monix targets B5bn in nanofinance loans

Business, Somruedi Banchongduang, Published on 03/09/2021

» Monix Co Ltd, a digital loan provider under Siam Commercial Bank (SCB), aims to grow its nanofinance lending to 5 billion baht by the end of this year.

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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.