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The Latest Breaking News from SCB

MLK Day paint project offers a way to serve for any ability

Although Envision Unlimited’s Westtown center was closed Monday, the painting project took on the life of a project it normally hosts for people with developmental disabilities.

Chicago Sun-Times

Residents must seek permission of Secunderabad Cantonment Board before drilling borewells

SCB requires permission & charges for borewells in Secunderabad Cantonment Board area. Residents' objections invited within 30 days.

The Hindu

BRS victory would have expedited SCB-GHMC merger, says Cantonment MLA

G Lasya Nanditha, a first-time MLA, wins Secunderabad Cantonment Assembly constituency seat with 17,000 votes, promises to merge SCB with GHMC.

The Hindu

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Secunderabad Cantonment: Educated eager for merger, poor worried about their rights

Secunderabad Cantonment is one of the 15 constituencies in Hyderabad, forming an integral part of the Malkajgiri Lok Sabha constituency.

The Hindu

Secunderabad Cantonment Board receives ₹5 crore grant-in-aid

SCB has been granted ₹5 crore by MoD for infrastructure development as part of the annual Grant-In-Aid disbursement of ₹300 crore to 48 deficit cantonment boards for FY 2023-24.

The Hindu

MoD proposes excision of 58 cantonment boards, including SCB

MoD proposes to excise 58 cantonments, incl. Secunderabad, to merge with State municipalities. Long-standing demand of SCB merger with GHMC. NGOs, RWAs wrote to PM Modi. MoD issued order to reopen 5 arterial roads. Consultation, concurrence of State govts needed for implementation.

The Hindu

Cantonment Board employees protest for benefits

Members of the All-India Cantonment Board Employees Federation (AICBEF) on Wednesday protested for benefits of employees and pensioners in the wake of the ongoing issue on excision of civil areas from Cantonment Board.

The Hindu

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SCB Julius Baer targets second-generation wealth transfer

As the number of high net worth (HNW) individuals in Thailand continues to rise despite the uncertain global investment environment of the past few years, HNW wealth management matters have become more complex.

Bangkok Post

Dumfries butcher lands national recognition for pork sausages

Daniel West only took over Mogerleys from uncle Gordon Little a few months ago

Daily Record

BoT zeroes in on cash transaction fees

As digital payments increase, the Bank of Thailand is focusing on cash users by adjusting banks' fee structures.

Bangkok Post

SCB aims to use joint venture for growth

Siam Commercial Bank (SCB) plans to expand its wealth management customer base by 12% per year for the next 3-5 years, hoping to raise its fee-based income.

Bangkok Post

Shares of KBank, SCB plunge amid Stark issues

Shares of Kasikornbank (KBANK) and Siam Commercial Bank (SCB) fell sharply on Thursday as investors were concerned that Stark Corporation (STARK) may default on loan payments with both banks, say analysts.

Bangkok Post

Using digital tech, SCB X eyes virtual bank licence

SCB X, a holding company of Siam Commercial Bank (SCB), is keen to obtain a virtual bank licence as part of its five-year business strategy.

Bangkok Post

SCBAM prescribes global, investment-grade bonds

SCB Asset Management (SCBAM) recommends investors allocate funds to global and high-investment-grade bonds that enable them to buy Asian and US tech stocks amid ongoing global headwinds and a potential recession.

Bangkok Post

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Bangkok Post

Building a digital bank with a human touch

Siam Commercial Bank (SCB) is moving towards digital banking services, though the 117-year-old financial institution still believes in a combination of human quality and technological efficiency, describing its strategy as a "digital bank with a human touch".

Bangkok Post

SCB unveils new digital bond service on its mobile app

Siam Commercial Bank (SCB) plans to ramp up digital bonds as part of its digital banking strategy, aiming to provide more convenience to retail bond investors.

Bangkok Post

Asia follows Wall Street down, SET falls below 1,600

RECAP: Asian shares slumped on Friday, with the SET closing below 1,600 points, following a sharp decline on Wall Street amid concern that pockets of trouble in the US banking sector could portend broader dangers.

Bangkok Post

Baht tipped to strengthen after US rates peak

The baht is likely to recover and strengthen to 33-34 to the US dollar by the end of 2023, as the greenback could go into reverse and start to depreciate in six months, says SCB Chief Investment Office (CIO).

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Bangkok Post

SCB focuses on digital bank strategy

Siam Commercial Bank (SCB) aims to become a universal digital bank and upgrade its mobile banking platform to be No.1 in wealth management services.

The National (Scotland)

Launching a Scottish pound will be straightforward, but we must plan ahead

IN this series of articles members of the Scottish Currency Group outline the case for a separate Scottish currency – the Scottish Pound – to be…

Bangkok Post

Collapse of the SCB-Bitkub deal

Siam Commercial Bank (SCB), Thailand's oldest lender, announced on Aug 25 the collapse of its acquisition offer for 51% of the shares of Bitkub Online Co (Bitkub) from Bitkub Capital for 17.8 billion baht, citing regulatory issues.

Bangkok Post

Asian shares follow Wall Street downward

RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.

Bangkok Post

Top thailand industry players unveil insights on 'Future business in the digital era'

Digital infrastructure modernisation, agile operations and ecosystem partnerships are imperative for businesses to create new innovations and services and achieve success in the face of digital disruption and other pressing challenges, say IT heads of business pioneers in Thailand.

Bangkok Post

Local banks forecast to move this week

Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.

Bangkok Post

SET outlook brightens at 1,600 points and beyond

The SET staged a big recovery in October from its poor performance the month before, establishing a new support level at 1,600 points. The trading range was between 1,553.80 and 1,619.08 with a close at 1,608.76, up 19.25 points or 1.2% on the month.

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