launched KK SME3X, a new financial product focusing on small and medium-sized enterprises, using property as collateral with maximum credit line of three times the collateral value with maximum loan amount
asset management business and sale of foreclosed assets. Current outstanding financial claim loans totaled Baht 604 million. Lombard Loan, a multi-purpose credit facility for Wealth Management clients
582 million. Lombard Loan, a multi-purpose credit facility for Wealth Management clients using financial assets as collateral. Current outstanding loans totaled Baht 8,255 million, increasing by 3.9
. For Credit Business which will focus on loan expansions to retail and Small and Medium Enterprise segment, the goals will be on building efficiencies, creating standards, identifying new alternative
percent increase from last year, due to rising interest income as loan growth accelerated. However, loan impairment charges set aside for credit losses in compliance with IFRS9, which will be effective in
machine lending product grants a credit limit of up to Baht 1 million with no collateral or documentation required. Upon approval, the loan is credited to the borrower’s account immediately. To bolster our
and adjustment of unsecured personal loan providers after measures for controlling credit card and personal loan under supervision of the Bank of Thailand came into force September 1, 2017. Focus should
provisions including loss from sale of repossessed cars (credit cost) stood at 1.37% of average loan for 3Q19. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht
provisions including loss from sale of repossessed cars (credit cost) stood at 1.37% of average loan for 3Q19. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht
drawdown of loan. The Facility Agreement has term of 1 year and is in the form of a short-term credit facility agreement, of which the repayment date will be on 13 March 2020. In this regard, for the purpose