scb

Retail Asia08/01/2024

The State Bank of Vietnam (SBV) is considering proposals from investors to restructure the Saigon Commercial Bank (SCB), a bank experiencing financial difficulties. After SCB faced a run in October 2022, the central bank put the private lender under special control to limit negative impacts on it and credit institutions in general. Historically, several banks under special […]

Retail Asia08/11/2022

The Saigon Commercial Bank has held a meeting with investors who bought bonds from An Dong Investment Group, a company it endorsed but which has allegedly committed fraud. The meeting in Ho Chi Minh City Monday came on city authorities’ instructions. Many investors said at the meeting that SCB employees had persuaded them to buy […]

Retail Asia24/01/2020

Siam Commercial Bank, one of Southeast Asia’s largest lenders, has prompted cuts from analysts on concerns of its loan book. After the bank reported its fourth-quarter results, nearly a third of the analysts who cover the Thai bank cut their recommendations the past week, wiping out nearly $2 billion from its market value. Asia Plus, Credit […]

Retail Asia21/11/2019

The chief executive of SCB Julius Baer has left the role less than seven months into the appointment. Jiralawan Tangitvet, the CEO of SCB-Julius Baer, has resigned, according to a report in the Asian Private Banker. He was looking to make the newly-formed entity, a joint venture between Siam Commercial Bank and the Swiss bank, become […]

Retail Asia15/11/2019

Siam Commercial Bank (SCB) and Liquid Group today announced a strategic partnership to enable cross-border QR payment acceptance in Singapore and Thailand. With the opening of the Singapore – Thailand corridor for QR payments, SCB will be acting as the sponsoring bank for all Thai banking applications that support cross-border QR payments. Customers will be able to […]

Retail Asia13/05/2019

The Siam Commercial Bank (SCB), the first commercial bank in Thailand, and Julius Baer, the leading Swiss wealth management group and one of the four largest private banks in Asia, announced on Thursday that their joint venture company, SCB Julius Baer, has received the necessary approvals and licenses to operate in Thailand, beginning with over 50 […]

Retail Asia03/01/2018

The age of digital transformation is dawning on Thailand’s economy and society as evidenced by crucial developments in banking, retail and other sectors. The Bank of Thailand reported that commercial banks had shut down nearly 300 bank branches in the country in 2017 as customers moved towards Internet and mobile banking services, ushering in a […]

Retail Asia05/09/2016

Customers of Siam Commercial Bank (SCB) might have recently found out the hard way that the SCB Easy App is on the fritz and hasn’t been working as properly as it should’ve been. SCB has already suspended the service of the app yesterday, in order to be able to properly update the system. According to […]

Retail Asia11/10/2015

Standard Chartered Bank (SCB) has planned to double its business size of retail banking in Bangladesh within next five years, a top executive of the bank said. “We’re working to double our retail banking business size in Bangladesh by 2020,” Sebastian Arcuri, regional head for retail banking in ASEAN and South Asia of SCB, said […]

Tag: scb

Central bank reveals investor interest in restructuring troubled lender SCB

SCB holds meeting with An Dong bond buyers

Analysts Downgrade Thailand’s Oldest Banks

CEO of SCB Julius Baer Resigns

Siam Commercial Bank Partners Liquid Group

Julius Baer Starts to Serve Thai Wealthy Individuals

New digital marketplaces seek to reshape economy

SCB Easy Application on the Fritz Pending Upgrade

SCB plans to double its retail banking