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Thailand’s SCB expands global wealth access for Thai investors



Siam Commercial Bank (SCB) is expanding access to international wealth products, aiming to grow assets under management (AUM) in foreign currencies to THB180bn (USD5.29) by 2026. Under SCB Wealth, the bank partners with SCB X subsidiaries and global firms, including BlackRock, to enhance offerings. It targets three segments: SCB Private, SCB First, and SCB Prime. SCB seeks to double AUM under its customer-centric investment theme from THB70bn and boost digital platform users to 30% of active wealth clients. The bank introduced a "No Gain, No Pay" model, waiving fees if clients miss return targets. SCB declined to disclose current AUM figures.


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