The Latest Breaking News from SCB

Corporate loans propel bank growth

Loan growth at Thailand's large banks picked up in the first half of 2026, driven mainly by corporate lending, while borrowing from small and medium-sized enterprises (SMEs) remained weak.

Bangkok Post · Jul 29

SCB X looks to AI for transformation

SCB X, a financial technology conglomerate and the holding company of Siam Commercial Bank, is accelerating its transformation into an AI-first organisation and leveraging artificial intelligence (AI) to gain deeper customer insights.

Bangkok Post · Jul 28

Where does Bitkub go from here?

For years, Bitkub symbolised Thailand's cryptocurrency boom. It was the country's largest digital asset exchange, the creator of KUB Coin, and the startup that reached unicorn status after Siam Commercial Bank (SCB) announced a landmark acquisition worth 35 billion baht.

Bangkok Post · Jul 26

Vietnam Tycoon Will Not Face Death Penalty Over $27 Bn Fraud: Lawyer

A Vietnamese property tycoon sentenced to death for fraud totalling $27 billion will no longer face execution, her lawyer said Wednesday, as the country abolished capital punishment for eight crimes, including property embezzlement.

International Business Times · Jun 25, 2025

Global haggis producers to compete for world championship in Perth

The hunt is on for the world’s best haggis, with producers from around the globe being invited to Perth to win the crown for their versions of…

The National (Scotland) · Mar 3, 2025

Huge Vietnam Fraud Case Raises Questions Over Banking System

A multi-billion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge.

International Business Times · Dec 4, 2024

Vietnamese tycoon faces scramble to raise billions to avoid death sentence

Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country

The Guardian - UK · Dec 3, 2024

Truong My Lan: Death sentence upheld for Vietnamese property tycoon over massive fraud

Truong My Lan had been convicted in April of embezzlement and bribery over the fraud amounting to 12.5 billion dollars, nearly 3% of Vietnam's 2022 GDP

Evening Standard · Dec 3, 2024

Vietnam court upholds tycoon’s death sentence for $12bn bank fraud

Truong My Lan’s life could still be spared if she pays back three-quarters of the assets she embezzled.

Al Jazeera · Dec 3, 2024

Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case

The death sentence for real estate tycoon Truong My Lan has been upheld in Vietnam’s largest fraud case, the scale of which had raised concerns about the country’s economy

The Independent UK · Dec 3, 2024