Showing 1 - 5 of 5
NPLs for pickup trucks rise sharply
Business, Somruedi Banchongduang, Published on 30/07/2024
» The National Credit Bureau (NCB) reported a 39% increase in bad debt for pickup truck loans in May.
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.
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.
Concerns over EV loans
Business, Somruedi Banchongduang, Published on 06/12/2023
» The National Credit Bureau (NCB) is expressing concern over the quality of electric vehicle (EV) loans, noting that the value of an EV depreciates faster than the value of a conventional internal combustion engine (ICE)-powered car.
Krungsri Auto hikes rates for car loans
Somruedi Banchongduang, Published on 21/11/2023
» Krungsri Auto, the country's largest auto loan service provider, has lifted its interest rates in line with the Bank of Thailand's policy rate hikes.