Scb Established A Venture Capital Fund With Cp Group

The third largest loan bank Thailand Siam Commercial Bank PCL (SCB) established a venture capital fund with the leading public-agricultural group, Charoen Pokphand Group (CP Group) .0: 00/1 : 02 Southern Thailands Thailand Siam Commercial Bank PCL (SCB). Photo: SCB.CO.TH Director SCB ARTHID NANTHAWITHAYA said companies will co-manage the fund above and each company will contribute 100 million USD

. According to Mr. Nanthawithaya, the Fund will mobilize money from party investors In addition to the goal of mobilizing 600-800 million USD, while adding the Fund will invest in digital assets and emerging technologies. President Group, Soopakij Chearavanont stressed blocks ( Blockchain) will change the face of many industries
Indicates the establishment of the investment fund is given a day after SCB established a joint venture with Thailand's leading telecommunications unit, Advanced Info Service PCL on one Online loan platform. The above business will operate more flexibly in the fields of new technology growth and will target markets such as Indonesia, Vietnam and the Philippines, with the goal of serving 200 million customers in 2025./. My My (According to Reuters)

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