Articles tagged with: Siam Commercial Bank
BUSINESS, News
SCB nets 5.2-billion-baht profit in Q2
Thailand’s top three commercial banks recently reported their operating results for the second quarter of this year as the biggest lender Bangkok Bank saw its net profit slightly drop by 3.4 percent while second lender Krung Thai Bank’s quarterly profit rose 15 percent and third lender Siam Commercial Bank’s profit fell 10 percent.
The three biggest lenders posted the quarterly net profits of 4.86, 2.33 and 5.2 billion baht respectively.
Bangkok Bank Plc (BBL), with 1.74 trillion baht of assets, said its April-June net profit dropped 3.4 …
BUSINESS, News
Siam Commercial Bank (SCB) posts a net profit of 21.4 billion baht for last year’s operations, up 23.4 percent from 2007.
Dr. Vichit Suraphongchai, chairman of SCB’s executive committee, yesterday said in a statement that the multi-year drive to successfully transform the bank has just passed through its first major test in flying colors as core profitability has in particular been sustained despite the dramatic economic slowdown in Thailand and the world.
The country’s third largest bank saw its net interest income (NII) increase 13.2 percent from 2007 while non-NII, such as …


