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UNBELIEVABLE: Asps touts scb s strong outlook | History Defined

SCB ASPS SCB X SEC fintech Thailand

Siam Commercial Bank (SCB), Thailand's oldest lender, is viewed as an outstanding stock to watch given its fintech business expansion and high-yield lending services, according to Asia Plus Securities (ASPS).

SCB, through its holding company SCB X, informed the Stock Exchange of Thailand last week the Bank of Thailand approved a dividend payment of 61 billion baht from retained earnings to SCB shareholders.

With this amount, SCB X plans to buy shares of subsidiaries from SCB and its tech holding company SCB10X.

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