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The Latest Breaking News from SCB

Vietnam Property Tycoon Sentenced To Death In Multi-billion Dollar Fraud Case

A panel of three hand-picked jurors and two judges rejected all defense arguments by Truong My Lan, chair of major developer Van Thinh Phat, who was found guilty of swindling cash from Saigon Commercial Bank (SCB) over a decade.

International Business Times

Vietnam Property Tycoon Faces Verdict In Multi-billion Dollar Fraud Case

A top Vietnamese property tycoon faces a potential death sentence Thursday as she and her co-accused await verdicts in one of the biggest corruption cases in history, with an estimated $27 billion in damages.

International Business Times

Former SCB VP Jampana Pratap joins Congress

Experienced politician Jampana Pratap joins Congress in Hyderabad, boosting party's presence in Secunderabad Cantonment area.

The Hindu

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Issued notices to Bantia, Imperial Gardens, other function halls: SCB informs High Court

The Hindu

Take action against Bantia, Imperial Gardens: HC tells SCB

The Hindu

Vietnam Property Tycoon On Trial In $12.5 Billion Fraud Case

A top Vietnamese property tycoon went on trial Tuesday along with dozens of others, accused of embezzling $12.5 billion in the country's biggest ever fraud case.

International Business Times

SCB MLA Lasya Nanditha accident case: Tipper driver taken into custody for withholding information

Secunderabad MLA Lasya Nanditha's fatal crash on ORR, driver arrested for withholding information, officials confirm details.

The Hindu

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The $12.5 Billion Fraud That Has Shocked Vietnam

Retired nurse Nga put her life savings into a bond at Vietnam's SCB bank, but now cannot access her money after being caught up with tens of thousands in a multibillion-dollar scam that has shocked the nation.

International Business Times

MLK Day paint project offers a way to serve for any ability

Although Envision Unlimited’s Westtown center was closed Monday, the painting project took on the life of a project it normally hosts for people with developmental disabilities.

Chicago Sun-Times

Residents must seek permission of Secunderabad Cantonment Board before drilling borewells

SCB requires permission & charges for borewells in Secunderabad Cantonment Board area. Residents' objections invited within 30 days.

The Hindu

BRS victory would have expedited SCB-GHMC merger, says Cantonment MLA

G Lasya Nanditha, a first-time MLA, wins Secunderabad Cantonment Assembly constituency seat with 17,000 votes, promises to merge SCB with GHMC.

The Hindu

Secunderabad Cantonment: Educated eager for merger, poor worried about their rights

Secunderabad Cantonment is one of the 15 constituencies in Hyderabad, forming an integral part of the Malkajgiri Lok Sabha constituency.

The Hindu

Secunderabad Cantonment Board receives ₹5 crore grant-in-aid

SCB has been granted ₹5 crore by MoD for infrastructure development as part of the annual Grant-In-Aid disbursement of ₹300 crore to 48 deficit cantonment boards for FY 2023-24.

The Hindu

One more Bahanaga accident victim succumbs to his injuries in Cuttack

BHUBANESWAR: A youth from West Bengal, who was seriously injured in the Bahanaga Bazar triple-train crash on June 2, succumbed to his injuries on Friday while undergoing treatment at the SCB medical college and hospital (MCH) at Cuttack.

The Times of India

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The Hindu

MoD proposes excision of 58 cantonment boards, including SCB

MoD proposes to excise 58 cantonments, incl. Secunderabad, to merge with State municipalities. Long-standing demand of SCB merger with GHMC. NGOs, RWAs wrote to PM Modi. MoD issued order to reopen 5 arterial roads. Consultation, concurrence of State govts needed for implementation.

The Hindu

Cantonment Board employees protest for benefits

Members of the All-India Cantonment Board Employees Federation (AICBEF) on Wednesday protested for benefits of employees and pensioners in the wake of the ongoing issue on excision of civil areas from Cantonment Board.

Bangkok Post

SCB Julius Baer targets second-generation wealth transfer

As the number of high net worth (HNW) individuals in Thailand continues to rise despite the uncertain global investment environment of the past few years, HNW wealth management matters have become more complex.

Daily Record

Dumfries butcher lands national recognition for pork sausages

Daniel West only took over Mogerleys from uncle Gordon Little a few months ago

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Bangkok Post

BoT zeroes in on cash transaction fees

As digital payments increase, the Bank of Thailand is focusing on cash users by adjusting banks' fee structures.

Bangkok Post

SCB aims to use joint venture for growth

Siam Commercial Bank (SCB) plans to expand its wealth management customer base by 12% per year for the next 3-5 years, hoping to raise its fee-based income.

Bangkok Post

Shares of KBank, SCB plunge amid Stark issues

Shares of Kasikornbank (KBANK) and Siam Commercial Bank (SCB) fell sharply on Thursday as investors were concerned that Stark Corporation (STARK) may default on loan payments with both banks, say analysts.

Bangkok Post

Using digital tech, SCB X eyes virtual bank licence

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.

Bangkok Post

SCBAM prescribes global, investment-grade bonds

SCB Asset Management (SCBAM) recommends investors allocate funds to global and high-investment-grade bonds that enable them to buy Asian and US tech stocks amid ongoing global headwinds and a potential recession.

Bangkok Post

Building a digital bank with a human touch

Siam Commercial Bank (SCB) is moving towards digital banking services, though the 117-year-old financial institution still believes in a combination of human quality and technological efficiency, describing its strategy as a "digital bank with a human touch".

Bangkok Post

SCB unveils new digital bond service on its mobile app

Siam Commercial Bank (SCB) plans to ramp up digital bonds as part of its digital banking strategy, aiming to provide more convenience to retail bond investors.

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