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The Latest Breaking News from SCB

Tech investors wary amid volatile market

While digital assets are still on the radar of local banks seeking long-term growth opportunities, they plan to be more cautious when investing in them amid a volatile market, say banking chiefs.

Bangkok Post

Bitkub deal delay casts doubts over SCB’s makeover

A delayed deal between Thailand’s oldest bank and its largest cryptocurrency exchange is raising doubts about the 115-year-old financial group’s ambition to become a regional fintech powerhouse.

Bangkok Post

IVGS granted B6bn sustainability-linked loan

Siam Commercial Bank (SCB) has provided a 6-billion-baht sustainability-linked loan to a unit of the global chemical company Indorama Ventures (IVL) to manage liquidity.

Bangkok Post

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Banks give ESG the okay

Banks are continuing to incorporate environmental, social and governance (ESG) factors into their business operations in a push for a sustainable transformation of the economy.

Bangkok Post

Healthcare stocks lead the way

Investing in stocks and assets with high pricing power and long-term growth potential has traditionally been a good way to capture gains and stay ahead in an inflationary environment.

Bangkok Post

Yorkshire racing driver invests more than £300k in 'climate positive' driving experience venture

Former Ginetta team member Ben Hyland and fellow racer Mike Jarvis have launched Hype Motorspot

Birmingham Post

SCB Easy app set to become full-scale digital platform

SCB Easy, the mobile banking app of Siam Commercial Bank (SCB), has strengthened its infrastructure to become a comprehensive digital banking platform.

Bangkok Post

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Ukraine, inflation and Covid still in spotlight

We expect the SET Index to continue to be volatile. Russia's war in Ukraine will remain in the spotlight, while investors will keep an eye on signals from the US Federal Reserve and the Covid-19 outbreak in China, which is forecast to peak soon. On the domestic front, earnings speculation…

Bangkok Post

SCB X shares surge in SET debut after successful swap offer

Shares of SCB X Plc, a holding company that controls Thailand’s fourth-largest lender by assets, surged on the first day of trading on Wednesday after it successfully concluded a stock-swap offer for the banking unit.

Bangkok Post

Banks, insurer make key appointments

Three major local banks and a leading insurer announced on Friday the appointment of new executives in response to customer demand amid the changing financial landscape.

Bangkok Post

SCB sees stagflation for Thai economy

Thailand's economy has gone into stagflation because of a fragile recovery and surging price hikes, says an economist at the Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank (SCB).

Bangkok Post

Regulation may affect SCB-Bitkub deal

The Bank of Thailand's new rule to cap investment by commercial banks in digital asset businesses at under 3% of their capital may affect Siam Commercial Bank's (SCB) 17.85-billion-baht investment deal in Bitkub Online as its value exceeds the limit.

Bangkok Post

Bank shares fall as debt fears prompt downgrades

Banking and finance stocks slid after S&P Global Ratings downgraded the credit ratings of four Thai banks on concerns over high household debt.

Bangkok Post

Secunderabad Cantonment Board CEO urges LMA to stop threats of razing houses

SECUNDERABAD: In a swift bid to put a lid on the row between local military authority (LMA) and civilians over alleged rule violation in house construction in notified civil areas in ward-6, the Secunderabad Cantonment Board (SCB) CEO has written to the LMA to refrain from issuing demolition threats.

The Times of India

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Bangkok Post

Alpha X targets SET listing, loan growth

Alpha X Ltd, a luxury car loan provider under SCB X, aims to grow its auto loan portfolio to 20 billion baht by 2025 and plans to list on the Stock Exchange of Thailand (SET) within five years.

Bangkok Post

Top banks set lower NPL targets for 2022

Four local banks unveiled their financial goals for this year, with all setting lower non-performing loan (NPL) targets in line with the economic recovery, although the rebound is projected to be uneven.

The Times of India

Secunderabad passes resolution to reclassify Army land to build alternate road

SECUNDERABAD: In a relief to students of Faizan High School and residents of Pension Lane in New Bowenpally, Secunderabad, the Secunderabad Cantonment Board (SCB) has passed a resolution to reclassify A-1 land (under Army control) and B-4 (vacant land) to build an alternate road at Pension Lane at a board…

The Times of India

Puri: Hunt on for child rape accused

BHUBANESWAR: Police in Puri have formed four teams to arrest a 36-year-old auto-rickshaw driver, who is allegedly on the run after raping a five-year-old girl in the pilgrim town, on Sunday. The victim, who was battling for life at the SCB Medical College and Hospital in Cuttack, is now stable

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