Showing 1 - 5 of 5
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.
Loans for electric vehicles poised to expand
Business, Somruedi Banchongduang, Published on 02/04/2024
» Loans for electric vehicles (EVs) are expected to pace auto lending expansion this year as demand gently builds in the Thai market.
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.