) and including loss from sale of 7 repossessed cars stood at 1.18% of average loan for 1Q18. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 10,691 million
. 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
, 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
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
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
or 3% from last year. The revenues growth came from an increase in credit card income and bad debt recovery. As of May 31, 2017, The Company has active billings of 3.42 million accounts per month with
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
accounts and allowance for troubled debt restructuring amounted to Baht 10,892 million with outstanding Baht 4,500 million in general reserve. The total loan loss reserve to total mandatory reserve ratio
accounts and allowance for troubled debt restructuring amounted to Baht 10,892 million with outstanding Baht 4,500 million in general reserve. The total loan loss reserve to total mandatory reserve ratio
Company also complies with the Bank of Thailand to provide the relief measurements to assist our customers by reducing minimum payment for credit card and personal loan as well as providing a grace period