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Net fees and service income decreased by 13.3% YoY to THB 8,098 million. The reduction was due owing to slowing mutual fund and bancassurance fees, offsetting with higher net fee income from auto loan business from TBANK.
The share price of Siam Commercial Bank Public Company Limited (SCB) plunged ฿13.50/share or 11.54% to trade at ฿103.50/share as of 10:12 a.m. on January 20, 2020, after reporting a yearly financial statement last Friday.
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