SCBX
SCBX Group is the parent firm of Siam Commercial Bank. Rebranded from SCB Group, it represents SCB's goal to move beyond simply banking into becoming a financial technology group.
SCB sells food delivery platform Robinhood for over $61.3m
SCB sells food delivery platform Robinhood for over $61.3m
The buyers, led by Yip In Tsoi Group, will make an initial payment of $12.27m.
Siam Commercial Bank teams up with Databricks for data, AI transformation
It is expected to help SCB personalise and manage AI services for its customers.
Thai banks’ weak loan problem starts to bite: analyst
Provisions for expected credit losses now average 30%.
Siam Commercial Bank rolls out online international trade service
Transactions can be made without the need to submit original documents.
SCBX reports 15.6% net profit decline in Q2
Economic growth fell short of expectations, SCBX’s CEO said.
Siam Commercial Bank kickstarts 4-year journey to revamp core banking system
It has inked a MOU with Sunline to become a full-fledged digital bank entity.
Siam Commercial Bank buys Home Credit Vietnam Finance for $849m.
The transaction is expected to be completed in the first half of 2025.
Siam Commercial Bank’s Mae Manee app to undergo maintenance
It will be unavailable in the early hours of 23 February and 24 February.
Thailand’s SCBX sees net profit rise 15.9% to $1.22b in 2023
Cost-to-income ratio decreased to 42% from 45.2% in 2022.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
Thailand’s SCBX scraps $500m deal for crypto exchange Bitkub: report
SCBX said that Bitkub needs time to fix its issues with the local regulator.
Why Siam Commercial Bank is transforming itself into a fintech group
With its reorganisation, the group plans to expand to a customer base of 200 million.
Siam Commercial Bank’s restructuring highlights Thai banks’ need for complexity: analysts
The new entity aims to become a regional fintech conglomerate by 2025.
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