Showing 1-10 of 177 results
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Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
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LH Bank sets out 5-year expansion plan
Business, Somruedi Banchongduang, Published on 04/03/2024
» Land and Houses Bank (LH Bank), the financial arm of property developer Land and Houses Plc (LH), wants to upgrade to a mid-sized bank by 2030, driven by robust loan growth and improving income.
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Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
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KFIN to push investment in tech startups
Business, Somruedi Banchongduang, Published on 11/12/2023
» Krungsri Finnovate Co (KFIN), a corporate venture capital arm of Bank of Ayudhya (Krungsri), plans to expand investment in tech startups in regional markets to support its parent company's business operations in Asean.
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Banking on responsible lending
Business, Somruedi Banchongduang, Published on 18/11/2023
» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.
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SCB X turns to digital in effort to fend off loan sharks
Business, Somruedi Banchongduang, Published on 06/10/2023
» SCB X believes its digital loan services can provide underserved customers with greater access to financial sources at fair prices, easing the country's loan shark problem.
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Improving the auto loan sector's standards
Business, Somruedi Banchongduang, Published on 26/08/2023
» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.
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Banks respond to household debt plan
Business, Somruedi Banchongduang, Published on 28/07/2023
» Financial institutions are ready to comply with the Bank of Thailand's household debt resolution, starting with measures to help reduce persistent debt (PD) from April next year.
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BoT touts persistent debt scheme
Business, Somruedi Banchongduang, Published on 22/07/2023
» The Bank of Thailand is encouraging 500,000 borrowers to apply for its persistent debt programme to benefit from lower interest rates and exit earlier from the debt cycle.
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Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
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