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 · Jul 24, 2022

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 · Jul 15, 2022

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 · Jun 29, 2022

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 · May 6, 2022

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 · Apr 27, 2022

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 · Apr 1, 2022

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 · Mar 29, 2022

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 · Mar 24, 2022

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 · Mar 22, 2022

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 · Mar 18, 2022