- Siam Commercial Bank (SCB), established by royal charter on January 30, 1907, is Thailand’s first indigenous bank, marking over a century of financial service.
- SCB offers a comprehensive range of services, including personal banking, corporate banking, and investment solutions, solidifying its position as a leading universal bank in Thailand.
Siam Commercial Bank: Thailand’s first local bank
Siam Commercial Bank (SCB) holds the distinction of being Thailand’s first indigenous bank, established by royal charter on January 30, 1907. Originally founded as the “Book Club” in 1904, SCB was formally recognised under the leadership of Prince Mahisara Rajaharudaya, with the full support of King Chulalongkorn (Rama V). Over more than a century, SCB has played a vital role in shaping Thailand’s financial system and continues to lead as one of the country’s most trusted and innovative banks.
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Siam Commercial Bank: Comprehensive financial services
SCB offers a wide array of banking services tailored to individuals, corporations, and investors. Personal banking services include savings accounts, credit and debit cards, personal and home loans, insurance, and wealth management. On the corporate side, SCB provides business loans, investment banking, cash management, trade finance, and digital solutions to support enterprises of all sizes. Its extensive portfolio ensures accessibility and convenience for customers across all financial needs.
Siam Commercial Bank: Regional expansion and digital focus
In addition to its domestic strength, SCB has expanded operations to Cambodia, China, Myanmar, and Vietnam, offering cross-border services to support regional growth. The bank is also focused on digital innovation, continuously enhancing its online and mobile platforms to offer seamless banking experiences.
Siam Commercial Bank: Recent strategic moves
SCB continues to drive growth through key acquisitions and partnerships. In early 2024, SCB acquired 100% of Home Credit Vietnam, boosting its consumer finance capabilities in the ASEAN region. Later that year, the bank partnered with blockchain-based platform Lightnet to integrate stablecoin technology into cross-border payments, a pioneering move in Thailand’s banking sector.
