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.

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.

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.