SCB teams up with BlackRock to offer investment opportunities to Thais

Siam Commercial Bank (SCB) is committed to enhancing the wealth of Thais and expanding access to global investment opportunities through collaboration with BlackRock, the world's largest asset management firm.

- SOMRUEDI BANCHONGDUANG

SCB offers the country’s leading wealth management service through its SCB Wealth division, and recently partnered with BlackRock to offer clients exclusive investment opportunities and services.

Under this collaboration, the bank’s wealth clients will gain privileged access to exclusive world-class investment products, in-depth research, and strategic market insights through BlackRock’s extensive global network, said Kris Chantanotoke, chief executive of SCB.

He said the bank spent about a year finalising the collaboration to ensure the partnership genuinely enhances the wealth of Thais and stands apart from previous alliances.

As a result, the bank is focusing on three core areas of development under this cooperation: investment products, research and technology, and human resources.

"SCB set an ambitious goal to become the leading wealth management institution in Thailand. To achieve this, partnering with a global leader like BlackRock is essential, as it aligns with our strategic objectives in every aspect," said Mr Kris.