Showing 1 - 10 of 14
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.
Hire-purchase lenders call for rate hike
Business, Somruedi Banchongduang, Published on 11/07/2023
» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.
SCB X says virtual bank will meet BoT's requirements
Business, Somruedi Banchongduang, Published on 08/07/2023
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), believes its planned virtual bank will comply with the central bank's requirements amid competition for the new banking licence.
Two-pronged approach for Tisco Financial
Business, Somruedi Banchongduang, Published on 20/05/2023
» Tisco Financial Group, a holding company of Tisco Bank, plans to focus on what it considers two businesses related to S-curve industries: auto title loans and corporate banking.
Tisco expects to beat full-year loan growth target of 5%
Business, Somruedi Banchongduang, Published on 08/11/2022
» Tisco Bank expects total loan growth for 2022 to exceed its 5% full-year target after booking credit expansion of 5% for the first nine months amid economic recovery.
The far corners of banking
Business, Somruedi Banchongduang, Published on 31/07/2018
» As the high-income market approaches saturation, Kasikornbank (KBank) is shifting its customer acquisition focus to the lower-income segment, where strong demand for financial services remains.
BAY online auto lending doubles
Business, Somruedi Banchongduang, Published on 15/12/2017
» Krungsri Auto, the auto lending arm of Bank of Ayudhya (BAY), saw its digital loan growth double to 1.2 billion baht this year, indicating that the online channel is gaining ground.
Krungsri Auto revs up loan growth target to B150bn
Business, Somruedi Banchongduang, Published on 09/08/2017
» Krungsri Auto, an automotive lending unit of Bank of Ayudhya (BAY), has raised its new loan growth target this year to 150 billion baht after a strong performance in the first half.
Summit eyes motorcycle dominance
Business, Somruedi Banchongduang, Published on 11/01/2017
» Summit Capital, a leading motorcycle hire purchase lender, is striving to overtake Krungsri Auto as the country's top lender for new motorcycles, excluding big bikes, in contract numbers, by 2018 after a rapid growth last year.
Krungsri turns to big bikes
Business, Somruedi Banchongduang, Published on 28/10/2015
» Ayudhya Capital Auto Lease, also known as Krungsri Auto, is to expand into loans for used big bikes, says managing director Pairote Cheunkrut.