SCB to invest up to B40bn in IT infrastructure

27 Jan 24 Jan, 2017

Siam Commercial Bank (SCB) will invest 30-40 billion baht in technology infrastructure over the next three years. In 2017, SCB will ramp up its digital banking services and platforms, focusing on Gen Y, mass affluent and SME clients. SCB also plans to expand its investments via its new subsidiary, Digital Ventures, which is expected to increase the bank’s access to start-up know-how and new innovations. The plan may include investments in Europe and the United States.

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