The Latest Breaking News from Siam Commercial Bank

Signs amass indicating a fragile employment market

Thailand's unemployment rate remains relatively low, but the labour market is showing signs of weakening, says SCB Economic Intelligence Center (EIC), the research arm of Siam Commercial Bank.

Bangkok Post · Aug 9

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

SCB X puts AI at core of operations

SCB X, the holding company of Siam Commercial Bank, has outlined its new vision for the future of banking, positioning artificial intelligence (AI) as the core infrastructure that redefines how financial institutions operate, serve customers, and create new business opportunities in the years ahead.

Bangkok Post · Jun 2

Sansiri, SCB eye young affluent homebuyers

SET-listed developer Sansiri has partnered with Siam Commercial Bank (SCB) to increase sales of residential units priced more than 10 million baht, targeting young affluent homebuyers who are not existing SCB wealth clients, with a goal of generating 13 billion baht in sales within one year.

Bangkok Post · May 27

Thailand's SCB Announces 24/7 Stablecoin Remittances In Lightnet Partnership, Powered By Fireblocks

Thailand's oldest commercial bank has partnered with Lightnet to allow stablecoin settlements, integrating Fireblocks custody technology to enhance cross-border payments and remittances.

International Business Times · Oct 17, 2024

SCB course to shape new leaders

SCB-Julius Baer Securities Co, a strategic joint venture between Siam Commercial Bank and Julius Baer, has launched its latest venture -- The 45 Academia programme -- aimed at cultivating the "leaders of tomorrow".

Bangkok Post · Jun 12, 2023

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 · Apr 27, 2023

Asian stocks fall amid fears of recession

The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.

Bangkok Post · Apr 24, 2023

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 · Apr 20, 2023