2022 Thai GDP growth expected at 3%: SCB

BANGKOK (NNT) – Siam Commercial Bank’s Economic Intelligence Center has readjusted up its projection for Thailand’s GDP growth at 3% this year and 3.7% next year, thanks to the recovery of tourism and private consumption. Mr. Somprawin Manprasert, SCB’s First Executive Vice President, Chief Economist, and Chief Strategy Officer of the Economic Intelligence Center said […]

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Bangkok Bank, TTB and SCB apps crash on payday

Siam Commercial Bank’s (SCB) mobile banking app became the next to crash today (Friday), following the Bangkok Bank and TMBThanachart Bank’s (TTB) mobile banking systems, which went down yesterday, on the day salaries are transferred to their customers’ accounts, prompting outrage among Thai Twitter users. Many users were further frustrated when SCB’s mobile app also […]

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SCB Intel Center Says Thailand Currently in Stagflation

BANGKOK (NNT) – The Siam Commercial Bank’s Economic Intelligence Center (EIC) believes that Thailand is currently in a stagflation phase due to an unstable economic recovery and rising prices. According to Yunyong Thaicharoen, SCB’s chief wholesale banking officer and EIC economist, the EIC has revised the nation’s economic growth forecast from 3.2 to 2.7 percent […]

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Anti-government rally at SCB Park in Bangkok

Anti-government protesters rallied in front of SCB Park, the headquarters of Siam Commercial Bank, in Chatuchak district on Wednesday evening, under the eyes of border patrol police lining the fence. Traffic along the road heading to Prachanukul intersection came to an abrupt halt as they thronged the area. Full story: Bangkok Post BANGKOK POST ONLINE […]

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Siam Commercial Bank ATM service nationwide will be temporarily offline for enhancement

Siam Commercial Bank ATM service nationwide will be temporarily offline for enhancement from 11:00 p.m. on Saturday, August 8, 2015 to 5.00 a.m. on Sunday, August 9, 2015 Customers of SCB received the following email: Dear Customers, Please be advised that Siam Commercial Bank will temporarily close its ATM system nationwide for upgrading from 11:00 […]

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