Mr. Simon Hughes of International Banker interviews Mr. Arthit Sriumporn, Senior Vice President Commercial Banking, Siam Commercial Bank on the bank’s digital strategy, the philosophy of sufficiency economy and the company’s goal of being the most admired bank.
Siam Commercial Bank
Thailand, the second largest ASEAN economy, is increasingly at the forefront of the digital-finance push in the region as part of the Government’s Digitization 4.0 strategy. With its citizens readily embracing technology and especially mobile solutions, Thailand’s financial-services providers have been heavily challenged to put aside traditional approaches and transform radically to compete with the tech giants, the new titans of e-commerce. One Thai bank, Siam Commercial Bank, has made great strides advancing in the digital age.