Siam Commercial Bank (SCB) is prepared to further expand and digitise businesses in a bid to enhance profitability and return on equity (ROE).
Given a strong capital base, the bank will mainly concentrate on improving its businesses to strengthen growth potential and simultaneously lower the cost-to-income ratio, said Arthid Nanthawithaya, SCB’s chief executive.
For instance, the bank plans to scale up Robinhood to extend beyond food delivery, potentially developing it into an e-commerce platform.
The bank also plans to launch a new phase of SCB Transaction, a digital infrastructure development project, but the project will be renamed.
Under the vision,…
