SCB New Joint Venture, Investing ฿660M for Digital Business Growth
SCB to incorporate a new joint venture company with Abakus, aims to develop its digital business in long term growth.
SCB to incorporate a new joint venture company with Abakus, aims to develop its digital business in long term growth.
10 ม.ค. 2563

The Siam Commercial Bank Public Company Limited (SCB) released an announcement on 9 January 2020 that the bank has established a new joint venture with Abakus , the technology developer including AI and machine learning for financial business. The company registered capital was 20,000 baht with a future plan to increase to 660,000,000 baht, SCB will hold 60% and Abakus holds 40% of total share. The new company targets to accomplish digital lending business due to the bank’s main objective to effort long term growth with digital lending. 