$

SCB

SIAM COM BANK
SCB.BK
Last Price
138.50
09:38 GMT / 17 JUL 2019
Value Change [%]
0.00
[(0.00%)]
Volume
6,591,200
Open
139.00
Day's High
139.50
Year's High
151.00
Previous Close
138.50
Day's Low
138.00
Year's Low
120.50
Earnings Per Share
11.14
P/E Ratio
12.44
Lot Size
100
Div. Yield (%)
3.97
Dividend
5.50
Div. Pay Date
03 MAY 2019
Ex-Div. Date
12 APR 2019
Last Trade
138.50
Last Trade Time (GMT)
09:38
Last Trade 2
139.00
Last Trade 3
138.50
Volume
6,591,200
Turnover
915,303
Bid
138.50
Bid Size
405,100
Ask
139.00
Ask Size
302,900
Close Bid
138.50
Close Ask
139.00
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The Siam Commercial Bank PCL is a Thailand-based company engaged in the retail and corporate banking businesses. Its financial services include retail services, which consist of home loans, personal credit, car hire purchase, credit cards, automated teller machine (ATM) cards, debit cards, currency exchange facilities, overseas remittances, as well as investment and bancassurance products. Its commercial services include cash-management related services, international trade financing, treasury products, debt and capital market products, corporate advisory and investment banking, among others. It provides securities trading, asset management and financial consulting to both retail and corporate clients. As of December 31, 2010, the Bank had 13 subsidiaries, as well as 1,019 operating branches throughout the country. On September 23, 2011, the Company acquired 60.90% additional shares of The Siam Industrial Credit Plc. On March 9, 2012, the Company divested its shares in SCB Leasing PCL.

  • Market News
UPDATE 2-Go-Jek to expand financial services, food delivery in Thailand
11 July 2019
source: reuters.com
 (Recasts with Go-Jek expansion strategy)
    By Chayut Setboonsarng
    BANGKOK, July 11 (Reuters) - Indonesian ride-hailing app
Go-Jek will offer more financial services and expand its Thai
food delivery business following an investment from Thailand's
top lender, an executive said on Thursday.
    Siam Commercial Bank Pcl  SCB.BK  said it made a
"significant investment" in Go-Jek's Series F funding round. 
    The company raised around $1 billion earlier this year. It
is valued at up to $10 billion, according to sources. 
    The tie-up with SCB will allow Go-Jek to add to its app the
bank's products in payments, digital lending and insurance, to
be rolled out in coming months, Go-Jek's head of international,
Andrew Lee, told Reuters.  
    Go-Jek began operations in Thailand with motorcycle rides
and food delivery earlier this year, under the brand Get,
putting pressure on rival ride-hailing firm, Singapore-based
Grab. Get says it has over 20,000 drivers on its app.
    "Our products will be connected, SCB will oversee finance
while Go-Jek and Get will look at digital and logistics," SCB
President Arak Sutivong told reporters at a news conference. 
    Drivers, merchants and customers will have more access to
the bank's products like lending for small business and
insurance, boosting the lender's business.
    "We have more then 20 services, in Indonesia...we will pick
and choose the best playbook for Thailand and carefully curate
that," Lee said adding they wanted to focus on food delivery.
    Launched in 2011, Go-Jek has evolved from ride-sharing to
allowing its customers to make online payments and order
everything from food, to groceries to massage.
    Grab, which also delivers food, in January secured a $200
million investment from mall and restaurant operator Central
Group.
    Go-Jek was also testing out deliver-only restaurants, or
cloud kitchens, in Indonesia where these are becoming an
important source of growth, Lee said.
    SCB's rival, second-ranked Kasikornbank Pcl  KBANK.BK , 
invested $50 million in Grab last year.

 (Reporting by Chayut Setboonsarng; writing by Patpicha
Tanakasempipat; Editing by Stephen Coates and Subhranshu Sahu)
 ((Patpicha.Tanakasempipat@thomsonreuters.com; +6620802303 / or
mobile +66818317884; Reuters Messaging:
patpicha.tanakasempipat.thomsonreuters.com@reuters.net))
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