rates of interest rates on credit card from 18% to 16% per annum and personal loan from 28% to 25% per annum, effective from August 1, 2020 onward. However, a change of customer behavior to be more
by the COVID-19 and politics in Myanmar as well as the Bank of Thailand cut the ceiling rates of interest rates on credit card from 18% to 16% per annum and personal loan from 28% to 25% per annum
’ burden by reducing minimum payment for credit card and personal loan as well as providing a grace period and relief program in the first quarter of 2020. Moreover, the Company adopted a more cautious in
, the debt restructuring plan with the SSG Group consists of: • seeking a loan from Link Capital I (Mauritius) Limited (“Link Capital I”), a company in the SSG Group, with the loan amount of USD
Company will, as part of the said debt restructuring, receive the financial assistance from Link Capital I under the Credit Agreement, with the loan amount of USD 71,000,000, or equivalent to THB
million cards, has grown by 1% more than last year. Credit Card receivable was 394,123 million baht, with the growth of 9% from the same period last year. For personal loan industry, the numbers of account
credit card income and bad debt recovery as well as debt collection service. As of August 31, 2017, Company has active billings of 3.4 million transaction per month and 2.2 million IDs which came from
. After the purchase of the Trade Debt in 1., the Company entered into a credit agreement, dated January 22, 2017, (the “Credit Agreement”) with the loan amount of USD 71,000,000, or equivalent to THB