Thailand’s largest lender Siam Commercial Bank Pcl (SCB) announced a partnership with e-commerce and game developer Sea Ltd’s Thai operations to provide payments and lending services as it seeks to increase revenues from digital banking.
Siam Commercial will provide lending services to small businesses on Singapore-based Sea’s platforms, the bank’s president, Apiphan Charoenanusorn. Sea’s AirPay customers will also be able to pay bills via SCB’s apps, he said.
