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Siam Commercial Bank was established by royal charter on January 30, 1907 as the first Thai bank. During its more than 110 years in business, the Bank has played a leading role in providing the financial services needed in Thailand, developing deep expertise.
Today, SCB is a leading universal bank, offering deposits and lending and a wide range of other products and services, to meet the needs of all customers. Our retail services include home loans, personal credit, car hire purchase, credit cards, ATM cards, debit cards, currency exchange facilities and overseas remittances as well as investment and insurance products. For corporate and SME customers, the Bank offers cash management-related services, lending products, international trade financing, treasury products, debt and capital market products, corporate advisory, investment banking and other services. Our services are backed by our extensive banking network and continual pursuit of technological innovation. In addition, the Bank's SCB Group includes three major subsidiaries that provide specialized financial services: SCB Securities and SCB Asset Management.
Under the vision to serve as "The Most Admired Bank,” SCB has established a strategic plan called SCB Transformation, designed to dramatically upgrade the Bank's infrastructure and enhance its long-term competitiveness. This transformative plan responds to rapid change in the financial services industry, which is being reshaped by digital technology, regulatory change and new consumer behavior. Following this strategic plan's "Going Upside Down" approach, the Bank will transform its business model and thinking throughout its human resources, work processes, products and technology, enabling breakthrough performance and creating sustainable value for our customers and society.
As of 1 February 2025
Based on our commitment to serve the nation as "The Most Admired Bank," Siam Commercial Bank is revitalizing its organization and operations under a major strategic plan that we call SCB Transformation. This effort will strengthen our organization according to a new business model that follows a "Somersault Strategy." Here is an outline:
Pride and Achievement Awards 2023
With a vision to be "The Most Admired Bank." The bank's overarching vision revolves around enhancing all aspects of its operations and evolving into “A Better Bank”. Its focus is on becoming the number 1 digital bank in wealth management, delivering a seamless and interconnected service experience across various channels. SCB also emphasizes the importance of maintaining a balanced credit portfolio to sustainable growth. It is with immense pride and gratitude that we announce our achievement of an extraordinary milestone in 2023 - receiving a total of 82 Pride and Achievement Awards.
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