Thai auto loan firms bullish on growth as sector recovers

Quick Summary:

Auto loan providers are optimistic about recording growth in consumer loan products this year, bolstered by improvements in the automotive sector.

Tisco Bank, a subsidiary of the group, is prioritising expansion of its new car loan portfolio this year.

At the end of 2024, the bank's total outstanding loans tallied 232 billion baht, with auto hire-purchase loans accounting for 100 billion.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Year Tisco Group Loans Growth Auto 2024 Portfolio Loan Last Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 06:12:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25190172

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 23 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 5 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #66

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