SCIB Profile
Siam City Bank, PCL (SCIB)
was established in 1941 by government officials and
members of royal family with initial registered capital
of Baht 1 million. In August 1994, SCIB was listed in
the Stock Exchange of Thailand and its shares were
traded for the first time. In April 2002, SCIB became
the 5th largest Bank (asset size) in the nation after
the merger with Bangkok Metropolitan Bank. At SCIB, our
mission is to provide a comprehensive range of products
and services to all individuals and businesses with
highest quality of personal-touch services.
As at the end of 2005, we have a registered capital of
Baht 21,128 million, Baht 451,827 million in assets,
6,650 employees, and 387 branches nationwide. SCIB
common stock was re-traded on the Stock Exchange of
Thailand under the symbol "SCIB" on December 1, 2003,
with free float of 17.5% and increased to 52.5% after
holders of SCIB-C1 warrants were fully converted into
common shares. The Bank then changed its status from a
state enterprise to a private commercial bank on 25
November 2004.
As at the end of 2005, the Bank has a market
capitalization of Baht 51,341 million (ranking 5th in
the Thai banking sector). |