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Thailand’s SCBX reaffirms partnership with Kakao Bank
TUESDAY, AUGUST 06, 2024
Thai financial giant dismisses the impact of Kakao Founder's indictment in pursuing digital banking partnership with Korean lender
Robinhood food delivery service to continue until further notice
TUESDAY, JULY 30, 2024
Owner in discussions with several parties interested in acquiring the application, but says other services will cease on July 31 as previously announced
SCBX announces Q2 net profit of 10 billion baht
FRIDAY, JULY 19, 2024
SCB X Public Company Limited (SCBX) reported a consolidated net profit of 10 billion baht for Q2 2024, a 15.6% YoY decrease. For the first half of the year, net profit was 21.3 billion baht , down 6.9% YoY.
Amid mounting losses, SCBX scaps the Robinhood application from July 31
WEDNESDAY, JUNE 26, 2024
SCB X Pcl (SCBX) is ending the Robinhood application, operated by Purple Ventures Co Ltd, a subsidiary of the SCBX Group, with effect from  8pm on July 31.
SCBX announced first-quarter net profit of THB11.3 billion
FRIDAY, APRIL 19, 2024
SCB X Public Company Limited has reported a consolidated net profit of THB11.3 billion for the first quarter of 2024, a 2.6 % yoy increase. 
Thai mega-companies form alliances to grab three virtual bank licences
THURSDAY, MARCH 21, 2024
Major corporations in Thailand are competing for the three available virtual bank licences, with the Bank of Thailand (BOT) starting to accept applications on Wednesday (March 20).
SCBX acquires 100% of Home Credit Vietnam
WEDNESDAY, FEBRUARY 28, 2024
SCB X is poised to make a strategic entry into the Vietnamese consumer finance sector as part of its broader regional expansion strategy.
NPL provisions by 10 commercial banks in 2023 matches their total profit
WEDNESDAY, JANUARY 24, 2024
Ten Thai commercial banks set aside 235.94 billion baht in provisions for bad loans in 2023, a jump of nearly 20% year on year, Krungthep Thurakij Media reported on Wednesday.
InnovestX charts strategic course for investors in 2024 amid global uncertainty
TUESDAY, JANUARY 16, 2024
Diversification, safe-haven assets like gold and a cautious approach to short-term equity gains are some of the recommendations analysts and experts from InnovestX give investors this year.
Thai economy faces major challenges, needing urgent action: SCBX chief
FRIDAY, JANUARY 12, 2024
The current Thai economic challenges need to be addressed and tackled effectively this year and in the coming years, a leading banker has said.
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