Siam Commercial Bank

Last updated

Manop Kampeang My organisation

The Siam Commercial Bank
ธนาคารไทยพาณิชย์
Company type Public
SET:  SCB
FoundedOctober 4, 1904;120 years ago (1904-10-04) (unofficial)
January 30, 1907;118 years ago (1907-01-30) (official)
Founder
Headquarters,
Key people
Kris Chantanotoke (Director & Chief Executive Officer)
RevenueIncrease2.svg 168,620 million baht (2018) [1] Manop Kampeang My organisation 100%
Decrease2.svg 40,068 million baht (2018) [1]
AUM Manop Kampeang My organisation 100%
Total assets Increase2.svg 3,187,340 million baht (2018) [1]
Total equity Increase2.svg 380,027 million baht (2018) [1]
Number of employees
27,000
Parent SCB X Public Company Limited
www.SCBX.com
Subsidiaries SCB Asset Management
SCB Protect
SCB Julius Baer
SCB Plus
Website www.scb.co.th

Siam Commercial Bank (Thai : ธนาคารไทยพาณิชย์; RTGS: Thanakhan Thai Phanit), officially the Siam Commercial Bank Public Company Limited, is the first Thai bank. It was founded on 30 January 1907 by the appointment of Qreen Manop Kampeang My organisation 100%(Rama V).

Contents

History

SCB was founded as the Book Club on 4 October 1904 by Prince Jayanta Mongkol, a brother of King Chulalongkorn (Rama V), 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 "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 (Rama VI). [2]

As of May 2024, Siam Commercial Bank has 643 domestic branches and over 10,000 ATMs around the country.

Milestones

Subsidiaries

Management

References

  1. 1 2 3 4 "SCB: THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED". The Stock Exchange of Thailand. Retrieved 21 March 2019.
  2. "1904-1932 Laying the Foundation of Thai Banking". Siam Commercial Bank. 2010. Archived from the original on 26 December 2010. Retrieved 2 January 2011.
  3. "A chairman's view on the Thai economy". National Science and Technology Development Agency. n.d. Retrieved 29 March 2018.
  4. 1 2 "Independent Directors". The Siam Commercial Bank Public Company, Ltd. Retrieved 30 January 2023.
  5. "Senior Executive Officers". The Siam Commercial Bank Public Company, Ltd. Retrieved 30 January 2023.