AIS banking on digital venture with SCB
Mobile firm seeks new revenue stream
Advanced Info Service (AIS), the country’s largest mobile operator by subscriber base, says a joint venture it will establish with Siam Commercial Bank (SCB) will create a new revenue stream from innovative financial services, particularly digital lending, which has seen a tremendous surge in demand.
On Tuesday, AIS and SCB announced a plan to establish a joint venture — AISCB — to focus on digital financial services, such as loans. AISCB, with a registered capital of 600 million baht, will be held at a ratio of 50:50…
