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SCB (Siam Commercial Bank)

#1479

Rank

$11.65B

Marketcap

TH Thailand

Country

SCB (Siam Commercial Bank)
Leadership team

Mr. Arthid Nanthawithaya (CEO & Exec. Director)

Mr. Kris Chantanotoke (CEO & Exec. Director)

Mr. Manop Sangiambut (Chief Fin. & Strategy Officer)

Products/ Services
Banking, Finance, Financial Services
Headquarters
Bangkok, Krung Thep, Thailand
Established
1906
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
SCB.BK
Social Media
Overview
Location
Summary
SCB X Public Company Limited operates as a holding company for The Siam Commercial Bank Public Company Limited that provides various financial products and services. The company offers various personal banking products and services, including savings, current, fixed deposit, and long term deposit accounts; payroll solutions; home, car, and personal loans; accident, savings, health expense, and other insurance services; debit, credit, prepaid, and gift cards; mutual funds, bonds, debentures, and other investment products; and payment, digital banking, and other services. It also provides corporate banking products and services comprising credit facilities; financial advisory and merger acquisition services; fixed income instrument and underwriting, structured finance, and project finance services; foreign exchange rate risk management, interest rate risk management, and investment solutions; cash management services; custodian, mutual fund supervisory, registrar, escrow and security agency, debenture's holder representative, and custodian net services; and international trade remittance and digital banking services. In addition, the company engages in the office spaces leasing, hire-purchase, vehicle lending and leasing, and research and development businesses. Further, it provides debt collection services; and food ordering platform and other technological solutions. The company provides its products and services through its head office and branch network in Thailand; and through its branches in Singapore, Hong Kong, Laos, Vietnam, China, and the Cayman Islands. The company was formerly known as SCB Holdings Public Company Limited. SCB X Public Company Limited was founded in 1906 and is headquartered in Bangkok, Thailand.
History

SCB was founded as the "Book Club" on 4 October 1904 by Prince Jayanta Mongkol, a brother of King Chulalongkorn , who was convinced that the time was ripe for Siam to have its own banking system to help foster the country's economic development, rather than rely on foreign banks operating branches in the country. The name "Book Club" was chosen in an effort to keep the project sub rosa as it was something of an experiment. After the success of the "Book Club", King Chulalongkorn granted royal approval for it to officially operate as a commercial bank under the name "The Siam Commercial Bank" on 30 January 1907.

SCB opened its headquarters in Bangkok's Talat Noi District in 1910. In 1911, it was granted approval to display the royal Garuda symbol as a royal warrant by King Vajiravudh .

Milestones

1939: SCB changed its name to "Siam Commercial Bank" in English, and "Thanakarn Thai Panich" in Thai.

1983: SCB introduced Thailand's first automated teller machines. and established the Thai Bank Museum

1993: SCB registered as a public company and was henceforth known as "The Siam Commercial Bank Public Company Limited".

Mission
Bestest services of the firm
Vision
Bestest services of the firm
Key Team

Ms. Aorapin Sinthawornkul (Head of Fin. & Accounting)

Ms. Wallaya Kaewrungruang (Chief Legal Officer & Chief Compliance Officer)

Mr. Sutirapan Sakkawatra (Chief Marketing Officer)

Dr. Arak Sutivong (Deputy Chief Exec. Officer)

Ms. Patraporn Sirodom (Chief People Officer)

Dr. Dan Oprisa (Exec. VP)

Mr. Khun Anucha Laokwansatit C.F.A., CFA (Chief Risk Officer)

Recognition and Awards
Siam Commercial Bank has earned numerous distinctions, such as ‘Thailand’s Best Bank’ by Euromoney magazine in 2019 and 2018, ‘Domestic Retail Banking of the Year in Thailand” by Asiamoney magazine in 2019, and ‘Best Retail Bank in Thailand’ by The Asset magazine in 2018.
References
SCB (Siam Commercial Bank)
Leadership team

Mr. Arthid Nanthawithaya (CEO & Exec. Director)

Mr. Kris Chantanotoke (CEO & Exec. Director)

Mr. Manop Sangiambut (Chief Fin. & Strategy Officer)

Products/ Services
Banking, Finance, Financial Services
Headquarters
Bangkok, Krung Thep, Thailand
Established
1906
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
SCB.BK
Social Media