SCB Group to set up SCBX as “Mothership” to increase flexibility and competitiveness as it aims to become a regional financial technology group spanning a variety of financial businesses and platforms and laying the groundwork for an evolving global context

 

            The SCB Group has announced its corporate vision for tackling the rapidly evolving global context by establishing SCBX as a mothership company to accelerate proactive expansion into financial business to the fullest extent. The move will ready the Group for entry into the emerging competitive arena and propel the firm as a regional financial technology conglomerate by 2025, with the goal of building a 200 million strong customer-base with a mission of connecting to the ecosystem both at home and abroad. SCBX will remain under the supervision of the Bank of Thailand.