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BUSINESS

SCB seeks to trim staff in digital era

Business, Somruedi Banchongduang, Published on 23/01/2018

» Siam Commercial Bank (SCB) plans to downsize from 27,000 employees to 15,000 over the next three years and transform more than 600 branches to ready itself for the digital banking era.

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BUSINESS

KTB net profit takes mighty tumble

Business, Somruedi Banchongduang, Published on 23/01/2018

» State-owned Krungthai Bank's (KTB) unaudited consolidated net profit tumbled by 30.5% last year largely because of a 34.1% surge in loan-loss charges, making it the worst performer among SET-listed bank peers.