Thailand

SCB targets doubled assets to lead segment by 2023

Siam Commercial Bank (SCB) aims to double assets under management (AUMs) and become the top wealth management service provider in the next 3-5 years.

The country's second-largest bank by assets targets AUM at 3 trillion baht in the next 3-5 years, from 1.5 trillion now, SCB executive vice-president Salisa Hanpanich said without revealing the ranking of the bank's wealth management or which financial institution is the largest wealth management operator. 

READ THE ARTICLE by THE BANGKOK POST