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Bangkok Post
Bangkok Post
Business

REVEALED: Scb x tempers gen 2 growth ambitions | Vintage Vibes

SCB X Siam Commercial Bank
Mr Arak says Card X, which provides credit card and personal loan services, has strong growth potential.

SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), expects to maintain single-digit loan growth for its Gen 2 businesses under a cautious strategy despite their strong growth potential.

Arak Sutivong, deputy chief executive of SCB X, said the company has gradually expanded lending and the overall operations of its Gen 2 subsidiaries, which provide consumer and digital finance services, amid mounting economic challenges both domestically and globally.

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