Showing 1 - 5 of 5
Auto refinance loans surge in first half
Business, Somruedi Banchongduang, Published on 16/11/2021
» Overall auto refinance loans showed strong growth in the first six months of this year, in line with people's higher demand of liquidity during the prolonged Covid-19 pandemic.
E-channels eyed for growth
Business, Somruedi Banchongduang, Published on 19/03/2021
» Krungsri Auto, a vehicle loan unit under Bank of Ayudhya, is beefing up its digitalisation efforts to grow its car loans this year.
Krungsri eases car loan debt
Business, Somruedi Banchongduang, Published on 21/11/2020
» Krungsri Auto, a car loan unit under Bank of Ayudhya, has helped many customers exit debt relief measures, with those remaining in the programme tallied at 5.5% of total customers.
Auto lenders post marginal loan growth
Business, Somruedi Banchongduang, Published on 02/05/2020
» Five auto loan service providers eked out 0.9% growth in total loans outstanding for the first quarter from the end of last year, as positive activity in the first two months was offset by the coronavirus impact in March.
SCB girds itself for new standard
Business, Somruedi Banchongduang, Published on 03/01/2018
» Siam Commercial Bank (SCB) has been setting aside extra buffers against bad loans since the third quarter of 2017 to comply with International Financial Reporting Standard (IFRS) Version 9, which requires lenders to have larger reserves and earlier recognition of credit losses.