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Thailand's oldest bank hits back at Grab entering food delivery

Siam Commercial flips the script on ride-hailers with no-fee app

Siam Commercial Bank aims to bring 50,000 restaurants on board to its app by the end of the year. (Photo courtesy of Siam Commercial Bank)

BANGKOK -- Thailand's Siam Commercial Bank will challenge food-delivery heavyweights Grab and Gojek by launching its own service this month, hoping the quickest way to new financial customers is through their stomachs.

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