Friday May 29, 2020 21:38

SIAM COMMERCIAL Press Releases

GET, The Mall and SCB partner to launch data-driven, hyperlocal food delivery service GET FOODHALL Events—25 May 20

GET, the fastest growing food delivery platform in Bangkok, The Mall Group, Thailand’s top one-stop shopping complex chain, and Siam Commercial Bank, a digital banking leader, jointly announced the launch of GET FOODHALL, a new service to offer

SCB to Provide Digital Payment Solutions for Haier Smart Home System Stcoks—25 May 20

Siam Commercial Bank (SCB) has teamed up with Haier, a world leader in electrical appliances and innovations and the world’s number one electrical household appliance brand for eleven consecutive years, to seal a deal under a “Digital Payment

SCB offers Instant Franchise campaign: Total financial and business management solutions for SMEs Stcoks—21 May 20

To support SMEs seeking to become potential franchisees with confidence, Siam Commercial Bank (SCB) is offering an Instant Franchise campaign that will enable them to quickly start a business with confidence for their future success and profit stability.

More than just a bank! SCB to offer first-ever tele-consultation service connecting health platform Heathcare—18 May 20

Siam Commercial Bank (SCB) truly understands the health concerns of its customers, particularly with the COVID-19 situation in Thailand likely to continue to be an ongoing concern. Now the Bank is making another bold move by developing an SCB Healthcare

Asset World Corporation launches new Revolving Development Credit Program – Cum Debenture Stcoks—14 May 20

Asset World Corporation launches new Revolving Development Credit Program – Cum Debenture (RDPD) with Siam Commercial Bank for THB 30bn credit lines as part of a forward-looking investment strategy The move is driven by confidence to

SCB tag teams with Shopee, extending SCB Stand By You campaign with “Manee Tunjai Business Stcoks—13 May 20

Realizing the difficulties and concerns of Thai society in the face of the ongoing COVID-19 pandemic, Siam Commercial Bank (SCB) has extended its “SCB Stand By You” campaign to help its customers get past this tough time launched under the

SCB waives fund transfer and payment fees to help government construction contractors save costs Stcoks—11 May 20

Siam Commercial Bank (SCB) continues to support SME clients through measures following government directives, including deferments and soft loan schemes, to help them stay buoyant, as SMEs in every sector have been directly and indirectly impacted by

SCB reveals people and business sector increasingly turning to deposits due to Stcoks—08 May 20

Siam Commercial Bank has revealed that bank deposits in the first quarter of this year enjoyed robust growth of 7.5% year-on-year, noting that the COVID-19 pandemic and on-line platform awareness has prompted people to boost their deposits, while the

SCB teams up with Azimo to introduce real-time cross-region remittance service from Europe to Stcoks—07 May 20

To consolidate its digital banking leadership in the country, Siam Commercial Bank recently announced a business partnership with United Kingdom-based global money transfer service Azimo to deliver instant payments for customers from Europe through SCB

SCB partners with Ripple to extend SCB Global Payment strategy, launching “Outward Remittance Stcoks—28 Apr 20

SCB partners with Ripple to extend SCB Global Payment strategy, launching “Outward Remittance Service via SCB EASY” after BoT sandbox approval. Aiming to deliver convenience, speed, value, and safety 24x7 Siam Commercial Bank (SCB) has

SCB teams up with TAT and TCT to launch www.SCBShopDeal.com, bundling special tourism deals from Stcoks—24 Apr 20

To help revive the economy post COVID-19, Siam Commercial Bank (SCB) continues to provide further support for Thai SMEs, with the latest example being the bank teaming up with the Tourism Authority of Thailand (TAT) and the Tourism Council of Thailand to

SCB announces “SCB Stands by You” campaign supporting payroll, small business, and Stcoks—21 Apr 20

Siam Commercial Bank (SCB) is acutely aware of the hardships faced by many members of society during the ongoing COVID-19 pandemic and is committed to helping alleviate their financial problems. Starting in late January, SCB began launching measures

SCB ANNOUNCED FIRST-QUARTER PROFIT OF BAHT 9.3 BILLION AMID ECONOMIC UNCERTAINTY DURING COVID-19 Stcoks—20 Apr 20

Siam Commercial Bank and its subsidiaries reported net profit (based on unreviewed consolidated financial statements) of Baht 9.3 billion, up 1% yoy, in the first quarter of 2020. Higher net profit was driven by top-line growth of 9% yoy and lower

SCB is granted preliminary approval for subsidiary business in Myanmar with targets of Events—10 Apr 20

Now being granted a preliminary approval to prepare for commencement of operations as a subsidiary bank in Myanmar, Siam Commercial Bank (SCB) is ready to provide corporate, SME, and retail clients in the emerging market with total financial solutions

Fitch Downgrades Siam Commercial Bank to 'BBB' on Coronavirus Outbreak Stcoks—03 Apr 20

https://www.fitchratings.com/research/banks/coronavirus-increases-challenges-for-thai-banks-operating-environment-02-04-2020. The duration and trajectory of the coronavirus outbreak remains uncertain. As such Fitch expects that in a base case scenario,

SCB ANNOUNCED SHARE REPURCHASE PROGRAM of Baht 16,000 million for a maximum number of 135.96 Stcoks—12 Mar 20

In its meeting on 11 March 2020, Siam Commercial Bank’s Board of Directors has approved a share repurchase program to further improve its capital efficiency. Under this program, the Bank shall use a maximum amount not exceeding Baht 16,000 million

SCB Trade Club to help export-import clients brave economic turbulence with platform connecting Stcoks—10 Mar 20

Siam Commercial Bank (SCB) continues to help Thai businesses brave economic turbulence amid challenging factors, particularly export-import clients. Joining the Trade Club Alliance (TCA) together with 14 leading banks worldwide to develop a digital

SCB joins driving successful interoperable QR code payment between Cambodia and Stcoks—18 Feb 20

With Siam Commercial Bank's (SCB) strong potential to drive global payment in the ASEAN region, Cambodia Commercial Bank (CCB), 100% owned by SCB, is a sponsoring bank for the interoperable QR code payment between Cambodia and Thailand. Under a

SCB 1OX launches Moonshot Mission focusing on Thailands first Venture Builder, aiming to become Events—24 Jan 20

SCB 1OX Company Limited, a subsidiary under Siam Commercial Bank PCL (SCB), announced its readiness to push forward a new growth engine for the development of digital technology capabilities through the "Moonshot Mission", set to underline the

SCB 1OX launches Moonshot Mission focusing on Thailand#s first Venture Builder, aiming to become Stcoks—24 Jan 20

SCB 1OX Company Limited, a subsidiary under Siam Commercial Bank PCL (SCB), announced its readiness to push forward a new growth engine for the development of digital technology capabilities through the "Moonshot Mission", set to underline the

SCB 1OX writes a new history with the Moonshot Mission focusing on Thailands first Venture Builder Events—23 Jan 20

SCB 1OX Company Limited, a subsidiary under Siam Commercial Bank PCL (SCB), announced its readiness to push forward a new growth engine for the development of digital technology capabilities through the "Moonshot Mission", set to underline the

SCB ANNOUNCED 2019 NET PROFIT OF BAHT 40.4 BILLION WITH A SPECIAL DIVIDEND OF BAHT 0.75 PER Stcoks—20 Jan 20

Siam Commercial Bank and its subsidiaries reported 2019 pre-provision operating profit (PPOP) of Baht 95.6, up 30% yoy. This strong PPOP growth from 2018 was primarily driven by the recognition of extraordinary gains from sale of SCB Life. Nevertheless,

Lalitphat Toranavikrai appointed CEO of SCB Julius Baer Events—08 Jan 20

SCB Julius Baer, the strategic wealth management joint venture between Siam Commercial Bank and Julius Baer, has appointed Lalitphat Toranavikrai as new CEO effective immediately. SCB-Julius Baer Securities Co.,Ltd. (SCB Julius Baer), the strategic

Photo Release: Siam Commercial Bank PCL (SCB) and Ayeyarwady Bank (AYA) sign Memorandum of Events—15 Jan 20

Siam Commercial Bank (SCB), a leading bank in Thailand and Ayeyarwady Bank (AYA Bank), the second largest bank in Myanmar signed a Memorandum of Understanding (MOU) on collaboration in the development of cross border payments and fund transfer services

SCB presents Myanmar-Thai Business Matching Day to expand business opportunities for the Events—24 Dec 19

As part of its efforts to help promote Myanmar SMEs in Thailand, Siam Commercial Bank (SCB) recently invited entrepreneurs from Myanmar to a Myanmar-Thai Business Matching Day. SCB hosted the business matching event between Myanmar and Thai SMEs to

Siam Commercial Bank partners with Liquid Group to enable cross-border QR payments between Stcoks—07 Nov 19

- Liquid Group expands its cross-border QR payment network to Thailand through a strategic collaboration with Siam Commercial Bank, the largest commercial bank in the country. - The partnership will enable Thai consumers to scan and pay with their Thai

SCB introduces MeTang: revolutionary lifesaving advance pay to Villa Market and Ampol Food Stcoks—16 Oct 19

A fin-tech service in line with the BOT's responsible lending policy guide, creating economic-social change aiming to prevent salaryman from loansharking Siam Commercial Bank (SCB) is the first bank in Thailand to launch an on-demand wage access option

SCB and Digital Ventures offer unprecedented B2P food business service for Minor Stcoks—09 Oct 19

Siam Commercial Bank and its financial innovation arm Digital Ventures Co., Ltd. have been entrusted with providing unprecedented food industry Blockchain Solution for Procure-to-Pay (B2P) platform to Thailand's largest food service and franchise

SCB and Digital Ventures offer unprecedented B2P food business service for Minor Stcoks—09 Oct 19

Siam Commercial Bank and its financial innovation arm Digital Ventures Co., Ltd. have been entrusted with providing unprecedented food industry Blockchain Solution for Procure-to-Pay (B2P) platform to Thailand's largest food service and franchise