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 announces service disruptions on two September weekends
SCB announces service disruptions on two September weekends
Both phases of the system maintenance will take place between 11PM and 5AM.
SCBX net profit down 18.5% to $316.85m in Q1 on lower interest income
SCBX said it conducted a comprehensive review of the loan portfolios across SCB.
SCB X’s net profit rose 8.1% to $1.51b in 2025
But its loan portfolio contracted and net interest income dropped 8%.
SCB X may rein in non-bank finance expansion amidst asset quality concerns
Its commercial bank business is expected to make up the majority of its net profit.
SCB X logs 10.2% net profit rise to THB12.06b in Q3
Its net profit has risen by 15.8% in the first nine months of 2025.
Siam Commercial Bank, Visa, SoftSpace launch tap-to-pay services at two Bangkok markets
Businesses can provide the service either through a smartphone or dedicated EDC machine.
SCB consolidates retail units under new consumer banking group
It is overhauling its branches as well as upskilling branch staff and relationship managers.
Thailand’s SCBX joins AI research initiative as a founding member
It aims to explore how AI is shaping the future of global financial systems.
Virtual banks in Thailand face tight competition and regulatory hurdles
Regulatory restrictions and target customer segments will keep them from growing too quickly.
Thailand’s SCBX names Arak Sutivong as next CEO
Incumbent CEO Arthid Nanthawithaya’s term will conclude on 31 December 2026.
Thai banks’ earnings expected to drop 9% in Q2 on higher credit costs
Kiatnakin Phatra and SCB X will likely log an increase in credit costs.
Thailand names three successful virtual bank applicants
They will need to begin business operations by June 2026.
SCB X reports 10.8% higher net profit of $375.66m for Q1
Net interest income fell but fees and other income rose.
Siam Commercial Bank targets top wealth manager spot in Thailand
SCB CEO expects Thai assets to exceed $1t by 2028.
SCBX net profit inch up 1% YoY to $1.29b in 2024
Interest income is higher, but fee and investment/trading income are lower.
SCB’s Mae Manee app temporarily available on Dec 13-14
It will be down from December 13, 11PM to December 14, 5AM
Siam Commercial Bank, Praram 9 Hospital to develop ESG-aligned financial products
Praram 9 Hospital is the first private hospital to join the Sustainability Deposit initiative.
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