SCB Forms “SCB Tech X” to Provide Specialized Technology Services

The Siam Commercial Bank Public Company Limited (SCB) announced that on April 22, 2021, the bank has established a new subsidiary, SCB TECH X Company Limited and registered it with the Department of Business Development, Ministry of Commerce. The company has an initial registered capital of Baht 1,000,000. SCB TECH X’s main objective is to engage in the business of providing specialized technology services, to create sustainable growth. The company is under the bank’s Financial Group, which the bank initially holds 100% of the total shares of the company.