Thursday September 24, 2020 18:46

SIAM COMMERCIAL Press Releases

SCB and MoneyGram launch “Get More, Excite More” special campaign with monthly rewards when transferring money with MoneyGram Stcoks—05 Aug 20

Siam Commercial Bank (SCB) and MoneyGram International Inc. have joined hands to offer special privileges for customers receiving money from abroad via MoneyGram. Without bank accounts, customers can present only reference numbers and ID documents and

The Mall Group and SCB celebrate two years of card collaboration with SCB M 2nd Anniversary campaign Events—04 Aug 20

To celebrate the successful two-year anniversary of SCB M Visa cards, The Mall Group and Siam Commercial Bank hold SCB M 2nd Anniversary campaign with special promotions to thank SCB M Visa cardholders. Promotions include up to 50% off at regular

“SME Go Green” Loan from SCB lets SMEs go lean and green, while boosting sustainability Stcoks—23 Jul 20

Following its solid commitment to drive sustainability through SME support amid the current tough economic situation, Siam Commercial Bank (SCB) has joined forces with the Department of Industrial Works (DIW), the Department of Alternative Energy

Mahidol University and SCB team up for 'new normal’ on-line 'study anywhere’ virtual General—22 Jul 20

In reaffirming its commitment to supporting the Smart University concept and creating digital technology to continue leveling up education, Siam Commercial Bank has teamed up with Mahidol University in bringing the “Mahidol Digital Convergence

SCB ANNOUNCED SECOND-QUARTER PROFIT OF BAHT 8.4 BILLION AND FIRST-HALF PROFIT OF BAHT 17.6 Stcoks—21 Jul 20

Siam Commercial Bank and its subsidiaries reported consolidated net profit (based on unaudited financial statements) of Baht 8.4 billion for the second quarter of 2020. While net profit fell 24% yoy mainly from higher provisioning, pre-provision

SCB unveils SCB Protect to offer value protection to the mass market Stcoks—14 Jul 20

Siam Commercial Bank (SCB) is set to launch a life and non-life insurance brokerage business through its subsidiary, SCB Protect Co., Ltd. The company is seeking to fill a market gap by focusing on value protection and insurance products covering life

SCB partners with Ripple to offer a special promotion for “International Money Transfer Stcoks—09 Jul 20

Siam Commercial Bank has teamed up with Ripple to offer a special “International Money Transfer via SCB EASY” promotion at only 199 Baht per transaction from the regular rate of 399 Baht per transaction. The promotion serves customers’

Sansiri PLC partners with SCB to provide equal-opportunity joint home loans widening the Events—30 Jun 20

Sansiri PLC and Siam Commercial Bank (SCB) have formed a long-term partnership to provide equal opportunities for Thai couples who are looking to co-borrow for a home with their spouse or life-partner. The joint home loan scheme by Sansiri and SCB aims

SCB partners with Sansiri PLC to provide equal-opportunity joint home loan widening the prospective Events—30 Jun 20

Siam Commercial Bank (SCB) and Sansiri PLC have formed a long-term partnership to provide equal opportunities for Thai couples who are looking to co-borrow for a home with their spouse or life-partner. The joint home loan scheme by Sansiri and SCB aims

SCB teams up with depa and AIT in Digital Manpower Development “Data Analytics for Upskilling General—26 Jun 20

Siam Commercial Bank has joined with the Digital Economy Promotion Agency (depa) and the Asian Institute of Technology (AIT) to launch a “Data Analytics for Upskilling” program with the objective of developing personnel skills related to data

SCB launches “Manee Business Booster” to help SMEs find the right business mix for Events—23 Jun 20

Siam Commercial Bank is committed to continue supporting every customer group impacted by the COVID-19 outbreak. Toward that end, the Bank has launched a number of measures to assist its customers, particularly small SMEs, allowing them to adjust and

SCB offers Super Trade Solution to help SMEs compete in exports with strength and Stcoks—16 Jun 20

Siam Commercial Bank (SCB) is offering a Super Trade Solution package for small and medium-sized entrepreneurs (SMEs) in the export sector to help them compete with strength and confidence. The Super Trade Solution package covers financial transactions

SCB appoints new First Executive Vice President and Chief Financial Stcoks—04 Jun 20

Siam Commercial Bank has appointed Mr. Manop Sangiambut as First Executive Vice President and Chief Financial Officer, effective from 15 June 2020 onwards. With the new position, Mr. Manop will play a key role in developing business direction and

GET, The Mall and SCB partner to launch data-driven, hyperlocal food delivery service GET 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