Showing 1 - 8 of 8
Bank of Thailand to supervise loans for hire purchase, leasing
Somruedi Banchongduang, Published on 12/06/2025
» The Bank of Thailand (BoT) may take over the regulation of fees and interest rates for auto hire-purchase and leasing loans, replacing the Office of the Consumer Protection Board (OCPB) under a new law.
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.
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 looks to auto hire-purchase loans
Business, Somruedi Banchongduang, Published on 17/01/2023
» Tisco Bank is looking to acquire a new retail loan portfolio and sees greater opportunity in the auto hire-purchase loan segment as some business operators may be impacted by the new regulations pertaining to the ceiling interest rate of hire-purchase loans.
SAK, TC Renewable team up to offer solar rooftops, loans
Business, Somruedi Banchongduang, Published on 06/01/2023
» SET-listed Saksiam Leasing (SAK), an auto and personal loan provider, wants to expand by providing loans for residential solar rooftops, aiming to grow the portfolio of the new business to 1 billion baht this year.
KTC shifts from car hire-purchase loans
Business, Somruedi Banchongduang, Published on 04/01/2023
» Krungthai Card Plc (KTC), a non-bank entity under Krungthai Bank (KTB), is edging away from car hire-purchase loans after the consumer regulator tightened the rules for this segment.
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.