The Siam Commercial Bank Public Company Limited - Strategic SWOT and PESTLE Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, and Recent Trends
Company Report I 2024-07-12 I 98 Pages I Quaintel Research
Report Summary
The Siam Commercial Bank Public Company Limited - Strategic SWOT and PESTLE Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, and Recent Trends Report is a comprehensive and easily accessible overview of The Siam Commercial Bank Public Company Limited's business operations. It provides a detailed analysis of the company's strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about The Siam Commercial Bank Public Company Limited including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses The Siam Commercial Bank Public Company Limited's strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. The PESTLE analysis evaluates the external factors impacting the company's operations and market environment. Additionally, By integrating these strategic analyses, the report offers a comprehensive understanding of The Siam Commercial Bank Public Company Limited's overall strategic standing and supports informed decision-making and strategic planning.
Finally, the report includes recent news and deal activities undertaken by The Siam Commercial Bank Public Company Limited enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
Siam Commercial Bank (SCB), founded on January 30, 1907, holds the distinction of being Thailand's first indigenous bank. Headquartered in SCB Park Plaza, Chatuchak, Bangkok, the bank has played a pivotal role in shaping the nation's financial landscape for over a century. With a rich heritage spanning more than a century, SCB has established itself as a leading universal bank, offering a wide array of financial products and services to cater to diverse customer needs.
Beyond its domestic presence, SCB has strategically expanded its reach across international borders, establishing a robust global network that spans key financial hubs in Asia. With branches and offices in Beijing, Shanghai, Hong Kong, Singapore, Vietnam, Cambodia, Myanmar, and Laos, SCB effectively caters to the banking needs of both domestic and international clients, facilitating cross-border transactions and fostering global business relations.
SCB operates across multiple business segments, catering to both retail and corporate clients. Its retail banking arm offers a comprehensive suite of services, including home loans, personal credit, credit cards, and investment products, catering to the diverse financial needs of individual customers. On the corporate and SME banking front, SCB provides a range of specialized services such as cash management, trade financing, and investment banking, supporting businesses of all sizes in their growth and expansion endeavors.
SCB boasts strong financial standing and market position. With a focus on innovation and digital transformation, SCB continues to invest in cutting-edge technologies to enhance customer experience and drive operational efficiency. Furthermore, the bank remains committed to corporate governance, sustainability, and corporate social responsibility, aligning its business practices with global best practices and ethical standards.
The Siam Commercial Bank Public Company Limited in the News:-
- 03-Jul-2024 - InnovestX Projects Thai Economic and Stock Market Recovery in H2 2024, Supported by Global Economic Synchronized Recovery, Interest Rate Cuts in Developed Economies, and Accelerated Thai Budget Disbursement. Thai Economy Expected to Grow by 2.5%, SET Index Targeted at 1,500 Points by End of 2024
- 26-Jun-2024 - Siam Commercial Bank Clarifies Financial Transactions Related to Myanmar
- 17-Jun-2024 - For the first time, SCB TechX unveils 'DevOps as a Service,' an innovative xPlatform solution for corporate clients
- 10-Jun-2024 - FINNIX App Celebrates Pride Month with Major LGBTQIA+ Influencers to Promote Equality in Gender and Legal Loans Accessibility
- 31-May-2024 - SCB CIO advocates for Thai stock investment, predicts over 40 billion baht inflows annually with LTF reinstatement to promote long-term savings discipline and anticipates a stronger economy in H2
Scope
- Tactical Analysis:- Various strategic frameworks to gain insights into a company's competitive position and operational environment. These analytical tools assist in identifying competitive advantages, potential risks, and areas for improvement and efficiency, enabling companies to make informed tactical decisions.
- Business Strategy:- Contributes to shaping the company's overall direction, goals, and decision-making processes, ensuring long-term success and alignment with stakeholder expectations.
- Company Fundamentals:- These fundamentals offer valuable insights into the company's history, operations, leadership, and geographical presence, aiding in a comprehensive understanding of the organization.
- Competitive Landscape:- An identification of the company's main competitors, providing insights into the competitive landscape it operates in.
Reasons to Buy
- Comprehensive Understanding of the The Siam Commercial Bank Public Company Limited's internal and external factors through SWOT analysis, PESTLE analysis and Competitors Benchmarking.
- Strive Strategic Decision Making with various analyses and identifying potential customers and suppliers.
- Mitigate Risk with help of thorough analysis of internal and external factors. Furthermore, develop strategies and contingency plans to address these challenges and minimize their impact on business operations.
- Competitive Benchmarking will help to gain a competitive advantage by understanding industry trends, customer preferences, and best practices.
- Valuable insights from the report enable investors and partners to make informed decisions regarding potential Collaborations, Investments, or Partnerships with the company.
Additionally, available deep-dive analysis on the company The Siam Commercial Bank Public Company Limited:
- The Siam Commercial Bank Public Company Limited Value Chain Analysis
- The Siam Commercial Bank Public Company Limited Porter's Five Forces Analysis
- The Siam Commercial Bank Public Company Limited VRIO Analysis
- The Siam Commercial Bank Public Company Limited BCG Analysis
- The Siam Commercial Bank Public Company Limited Segmentation, Targeting and Positioning (STP) Analysis
- The Siam Commercial Bank Public Company Limited Ansoff Matrix Analysis
Table of Contents
Table of Contents 2
Tables 6
Charts 7
The Siam Commercial Bank Public Company Limited - Key Company Facts 8
The Siam Commercial Bank Public Company Limited - Company Description 9
The Siam Commercial Bank Public Company Limited - Top Executives 10
The Siam Commercial Bank Public Company Limited - Top Executives Biographies 11
The Siam Commercial Bank Public Company Limited - Head Office & Locations 14
Head Office - Country 14
Key Subsidiaries 15
Key Joint Ventures 16
The Siam Commercial Bank Public Company Limited - Products and Services 17
Products 17
Services 18
The Siam Commercial Bank Public Company Limited - Historic Events 19
The Siam Commercial Bank Public Company Limited - Company's Management Discussion 20
The Siam Commercial Bank Public Company Limited - Company's Mission and Vision 22
Mission 22
Vision 22
The Siam Commercial Bank Public Company Limited - Corporate Strategy 23
The Siam Commercial Bank Public Company Limited - Business Description 26
Retail & Wealth Segment 26
Corporate & International Segment 27
SME & SSME Segment 27
Others 28
The Siam Commercial Bank Public Company Limited - ESG Spotlight 29
Environment 30
Social 30
Corporate Governance 31
The Siam Commercial Bank Public Company Limited - SWOT Analysis 32
Overview 32
Strengths 34
Weaknesses 37
Opportunities 38
Threats 39
The Siam Commercial Bank Public Company Limited - PESTLE Analysis 41
Overview 41
Political Factors 43
Economic Factors 44
Social Factors 46
Technological Factors 47
Legal Factors 49
Environmental Factors 50
Competing Players 51
Snapshot of Competing Players 52
Bangkok Bank Public Company Limited 52
Key Company Facts 52
Company Description 52
Bank of Ayudhya Public Company Limited 54
Key Company Facts 54
Company Description 54
Krungthai Bank PCL 56
Key Company Facts 56
Company Description 56
Thanachart Capital Public Company Limited 57
Key Company Facts 57
Company Description 57
The Siam Commercial Bank Public Company Limited - In the News 59
03-Jul-2024 - InnovestX Projects Thai Economic and Stock Market Recovery in H2 2024, Supported by Global Economic Synchronized Recovery, Interest Rate Cuts in Developed Economies, and Accelerated Thai Budget Disbursement. Thai Economy Expected to Grow by 2.5%, SET Index Targeted at 1,500 Points by End of 2024 59
26-Jun-2024 - Siam Commercial Bank Clarifies Financial Transactions Related to Myanmar 62
17-Jun-2024 - For the first time, SCB TechX unveils 'DevOps as a Service,' an innovative xPlatform solution for corporate clients 63
10-Jun-2024 - FINNIX App Celebrates Pride Month with Major LGBTQIA+ Influencers to Promote Equality in Gender and Legal Loans Accessibility 65
31-May-2024 - SCB CIO advocates for Thai stock investment, predicts over 40 billion baht inflows annually with LTF reinstatement to promote long-term savings discipline and anticipates a stronger economy in H2 67
31-May-2024 - SCB organizes "ZAAP ON SALE PRESENTED BY MAE MANEE" event,delivering remarkable shopping experiences to meet customer needs in the digital age 70
31-May-2024 - Siam Commercial Bank and depa Launch 2nd "Digital Smart Manufacturing: AI for Sustainability" Course 71
21-May-2024 - SCBX Group launches "Typhoon Hackathon 2024" to find top team for Thai language model development and boost Thailand's AI potential. 71
17-May-2024 - Siam Commercial Bank Leads Digital Banking with AI Technology Unveils Three AI-Innovations Revolutionizing Retail Lending and Digital Wealth Experiences 74
09-May-2024 - SCB unveils "SCB Total Payment Solution",following successful "SCB welcomes back tourists!" campaign supporting Thai entrepreneurs' sustainable growth 77
09-May-2024 - InnovestX Ventures into Fund Market, Curates Strong Core Portfolio for Long-Term Returns Amid Global Economic Flux and Geopolitical Tensions 79
09-May-2024 - Robinhood extends social business ethos with EVme Partnership, unveils 'AION ES' electric car rental project for Robinhood Ride. 82
30-Apr-2024 - Siam Commercial Bank cuts loan interest rates by 0.25% to assist vulnerable customers and benefit individuals and small SMEs, effective May 16, 2024 83
29-Apr-2024 - SCB Mastercard debit card launches 'Shop Your Way to an Exciting Japan Getaway' campaign with exclusive offers for foreign currency spenders 84
24-Apr-2024 - Peerapong Jirasevijinda is appointed as CEO of SCB Julius Baer 85
18-Apr-2024 - SCB TechX earns Business Transformation Partner Award of the Year for utilizing Microsoft's AI Innovations to seamlessly drive corporate digital transformation 87
05-Apr-2024 - SCG and SCB collaborate to advance green loans Steering modern buildings toward a sustainable green future 87
04-Apr-2024 - Siam Commercial Bank introduces Sustainability-Linked FX Option to support Mitr Phol Group's climate change initiatives 90
The Siam Commercial Bank Public Company Limited - Key Deals 91
03-Jul-2024 - Siam Commercial Bank Partners with IRPC on Sustainability-Linked Forward to enhance cost management and promote clean energy 91
24-Jun-2024 - SCB and Sansiri Reinforce Strong Partnerships,Solidifying Financial Cooperation for New Projects in 2024 Business Plan 92
13-Jun-2024 - InnovestX Partners with TradingView to Introduce a Groundbreaking Experience: Trade TFEX and Thai Stocks Directly through the World-Class TradingView Platform, the Choice of Traders Worldwide. Unveiling 'InnovestX WebTrade', the Expanded Universe for All Traders. 93
07-Jun-2024 - CPB and SCB continue to promote a cashless society by introducing the Mae Manee app to community markets. 95
28-Feb-2024 - SCBX Group Acquires 100% of Home Credit Vietnam Poised to enter Vietnamese consumer finance sector as part of regional expansion strategy 95
Appendix 98
Definitions 98
SWOT Analysis 98
PESTLE Analysis 98
Value Chain Analysis 98
ESG Spotlight 98
Research Methodology 99
Disclaimer 100
Contact Us 100
Tables
Table 1: The Siam Commercial Bank Public Company Limited - Company Facts
Table 2: The Siam Commercial Bank Public Company Limited - Top Executives
Table 3: The Siam Commercial Bank Public Company Limited - Top Executives Biographies
Table 4: The Siam Commercial Bank Public Company Limited - Subsidiaries
Table 5: The Siam Commercial Bank Public Company Limited - Key Joint Ventures
Table 6: The Siam Commercial Bank Public Company Limited - Products
Table 7: The Siam Commercial Bank Public Company Limited - Services
Table 8: The Siam Commercial Bank Public Company Limited - Historic Events
Table 9: The Siam Commercial Bank Public Company Limited - Competing Players
Table 10: Competing Players - Bangkok Bank Public Company Limited - Key Company Facts
Table 11: Competing Players - Bangkok Bank Public Company Limited - Key Financials
Table 12: Competing Players - Bank of Ayudhya Public Company Limited - Key Company Facts
Table 13: Competing Players - Bank of Ayudhya Public Company Limited - Key Financials
Table 14: Competing Players - Krungthai Bank PCL - Key Company Facts
Table 15: Competing Players - Thanachart Capital Public Company Limited - Key Company Facts
Table 16: Competing Players - Thanachart Capital Public Company Limited - Key Financials
Charts
Figure 1: The Siam Commercial Bank Public Company Limited - SWOT Analysis 33
Figure 2: The Siam Commercial Bank Public Company Limited - PESTLE Analysis 42
Figure 3: Competing Players - Bangkok Bank Public Company Limited - Key Financials 53
Figure 4: Competing Players - Bank of Ayudhya Public Company Limited - Key Financials 55
Figure 5: Competing Players - Thanachart Capital Public Company Limited - Key Financials 58
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.