Showing 1 - 10 of 10
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.
Auto title loan firms face new rules
Business, Somruedi Banchongduang, Published on 26/01/2019
» The Bank of Thailand expects the amended regulations governing auto title loans, including a cap on interest rates and practical guidelines for operators, to take effect next month.
BoT to beef up protections for car refinancing
Business, Somruedi Banchongduang, Published on 28/09/2018
» The Bank of Thailand is set to issue regulations on auto refinancing in November aimed at standardising and creating fair practices for consumers.
Tisco Bank to limit damage as rates rise
Business, Somruedi Banchongduang, Published on 13/08/2018
» Tisco Bank is likely to settle for conservative growth in auto loans over the next few years as it aims to manage financial costs amid the upward trend in interest rates.
Tisco Bank expects auto loan decline to continue
Business, Somruedi Banchongduang, Published on 04/08/2016
» Tisco Bank expects auto loans, accounting for 63% of its lending portfolio, to continue their decline over the next two years.
Prudent KLeasing rejects 25% of loan applications
Business, Somruedi Banchongduang, Published on 05/08/2015
» Kasikorn Leasing's loan rejection rate has risen to a quarter of applications, adding to signs that the faltering economy and spiralling debt are still eroding purchasing power and debt repayment ability.
SCB shifts tack to used-car loans as vehicle sales slow
Business, Somruedi Banchongduang, Published on 19/08/2014
» Siam Commercial Bank (SCB), Thailand's third-largest lender by assets, has shifted its auto loan focus to high-yield used-car and refinancing loans in a bid to widen its margin amid sluggish sales of new vehicles.
Firms target online growth
Business, Somruedi Banchongduang, Published on 17/12/2013
» Non-life insurance companies plan to use online sales to reduce operating costs amid narrowing premium margins and growth following the 2011 floods.
Spike in auto NPLs looms large
Business, Somruedi Banchongduang, Published on 29/01/2013
» The Thai Hire-Purchase Association has expressed concern over a looming spike in non-performing auto loans after lenders eased terms to secure their share in the first-time car buyer scheme.
KBank lends B300m to Dongfeng
Business, Somruedi Banchongduang, Published on 17/02/2012
» The Kasikorn Group has agreed to loan Dongfeng Automobile more than 300 million baht as the Chinese car maker builds its presence in Thailand in anticipation of the establishment of the Asean Economic Community (AEC).