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Bancassurance spurs growth at SCNYL.
Feb. 2--Siam Commercial New York Life Insurance Plc (SCNYL) has set a 13 percent rise to premiums of new business this year to generate 4.87 billion baht income with total premiums to grow 48 percent to 8.68 billion baht.
According to Donald Carden, the president and CEO, SCNYL performance in 2004 has shown impressive growth, with new business surging by 145 percent to 4.3 billion baht year-on-year. Total premiums jumped by 124 percent to 5.84 billion baht, with renewal premiums contributing 1.77 billion baht, up 88 percent, and a persistency rate of 90 percent.
"2004 is the absolutely record-breaking and most productive year for the company. We ...
- Siam Commercial Bank Goes Live With Cognotec.(Brief Article)
- Magazine article from: Securities Industry News Chen, Tanya May 28, 2001 700+ words
Siam Commercial Bank, one of Thailand's top four...AutoDeal Lite e-commerce platform. Siam Commercial Bank, headquartered in Bangkok...staff and its corporate clients. Siam Commercial Bank is the first Thai bank to launch...
- Quality loans key for Siam. (Special Feature).(Siam Commercial Bank )(Brief...
- Magazine article from: Business Asia December 1, 2001 700+ words
Siam Commercial Bank president and CEO Khunying...stalling loan demand in Thailand. Siam Commercial, the country's No.4 bank...space capacity. Jada says despite Siam Commercial having the unusual problem of...
- S&P Rates Siam Commercial Banks MTN Senior Debt BBB+/A-2
- Press release article from: PR Newswire June 5, 1997 700+ words
...ratings to the senior obligations of Siam Commercial Bank Public Co. Ltd.'s (Siam Commercial) US$1.5 billion global medium...is negative. The senior ratings of Siam Commercial were downgraded on March 18, 1997...
- Siam Commercial Bank Chooses Odyssey's Portfolio Management Workstation for its...
- Press release article from: Business Wire August 31, 2006 700+ words
...institutions, today announced that Siam Commercial Bank (SCB) has selected Odyssey...solution will be used to underpin Siam Commercial Bank's expansion in providing the...Group at SCB. "We are pleased that Siam Commercial Bank has chosen our solution after...
- S&P Rts Siam Commercial Banks MTN Snr Debt BBB+/A-2.
- Press release article from: Business Wire June 4, 1997 700+ words
...Commercial Bank Public Co. Ltd 's (Siam Commercial) US$1.5 billion global medium...is negative. The senior ratings of Siam Commercial were downgraded on March 18, 1997...OUTLOOK: Negative. The outlook on Siam Commercial recognizes Standard & Poor...
- Siam Commercial Bank Selects Baker Hill(SM).
- Press release article from: PR Newswire January 24, 2006 700+ words
...signed a five-year contract with Siam Commercial Bank (SCB) Public Company Limited...Universal Bank' in Thailand." "Siam Commercial Bank is moving aggressively to upgrade...solution being modified for Siam. About Siam Commercial Bank (SCB) Public Company Limited...
- Siam Commercial Bank selects Alcatel-Lucent's call center solution to enhance...
- Press release article from: M2 Presswire March 18, 2009 700+ words
...18 March 2009-Alcatel Lucent: Siam Commercial Bank selects Alcatel-Lucent's...NYSE: ALU) today announced that Siam Commercial Bank Public Company Limited (SCB...President, Chief Information Officer, Siam Commercial Bank PCL. said, 'Our contact center...
- Siam Commercial Bank official visits Oman.(Usana Wanachate)(Brief article)
- Magazine article from: Saudi Economic Survey June 24, 2009 700+ words
...Manager --Financial Institutions of Siam Commercial Bank, Thailand paid her visit to...drawing and Telex transfer facility with Siam Commercial Bank from 2004. Oman UAE Exchange...which has remittance arrangement with Siam Commercial Bank. Though Thai nationals are a...
