Siam Commercial Bank Public Co Ltd ADR (SMUUY)

SCB X Public Company Limited, together with its subsidiaries, engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally. The company offers a portfolio consisting GEN 1, a banking business, including Siam Commercial Bank and associated financial management and insurance services; GEN 2, a consumer and digital finance business, which includes CardX, a credit and personal loans, AutoX, a vehicle title loans, MONIX, a digital lending through the FINNIX app, ABACUS digital, a digital lending through Money Thunder app, and Alpha X, a luxury financing services; and GEN 3, a platform and technology business, comprising InnovestX, an integrated investing platform, SCB 10X, a technology investment, Token X, an ICO Portal, and Point X, a point redemption service. In addition, the company provides hire purchase, leasing and refinancing business for cars, motorcycles, and watercrafts; title loans; credit card, personal loan for non-banks, nano finance for non-banks, debt collection, and life and non-life insurance; Data & AI partner; AI-powered digital lending platform; commercial banking business; Venture Capital and Venture Builder which invests and incubate tech ventures related to Blockchain, Digital Assets, the Metaverse, Web 3.0, and DeepTech; Data analytics business, end-to-end, automated lending provider; Securities business including fund management and investment services covering various assets such as Thai stocks, foreign stocks, mutual funds, bonds, and digital assets; and consulting services for digital technology development and solutions; asset fractionalization and TKX enterprise solutions. Further, the company develops and manages customer loyalty programs; purchase, transfers and manages non-performing assets from financial institutions and financial business operators. SCB X Public Company Limited was founded in 1906 and is headquartered in Bangkok, Thailand.