SCB (Siam Commercial Bank)

Founded on January 30, 1907, the Siam Commercial Bank (Thai:, RTGS: Thanakhan Thai Phanit) is the oldest commercial bank in Thailand. On October 4, 1904, SCB was established as the "Book Club" by Prince Jayanta Mongkol, a brother of King Chulalongkorn (Rama V), who believed that it was time for Siam to have its own banking system to aid in the country's economic development.

Since this endeavor was in some ways experimental, the term "book club" was selected. Success at the "Book Club" led to its incorporation as "The Siam Commercial Bank" on January 30, 1907, with the blessing of King Chulalongkorn. In 1910, SCB established its headquarters in Bangkok's Talat Noi neighborhood. King Vajiravudh (Rama VI) authorized the use of the Garuda royal insignia as a royal warrant in 1911.

The Siam Commercial Bank (SCB) has a market cap of $10.42 billion as of April 2023. According to the latest data, SCB (Siam Commercial Bank) is now the 1449th-most valuable firm in the world. SCB (Siam Commercial Bank) reported TTM revenue of $4.66 billion as of the most recent reporting period.

Founded: October 4, 1904
Headquarters: SCB Park Plaza, Chatuchak, Bangkok, Thailand
Website: https://www.scb.co.th/