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In Thailand, the banks are governed by the Bank of Thailand, which was established in 1942. Across Thailand, there are thirty licensed banks which are registered with a further six being state-owned. In total they have a combined assets of 26.268 trillion baht (~ US$835.25 Billion) as of June 2019. [1]
In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer. Other forms of secured loans include loans against securities – such as shares, mutual funds, bonds, etc.
This page was last edited on 13 January 2023, at 15:21 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Wisma BSN (Headquarters) in Kuala Lumpur. Bank Simpanan Nasional (English: National Savings Bank) (BSN) is a government owned bank based in Malaysia. BSN offers banking services via BSN branches and BSN Banking Agents (EB BSN). BSN was incorporated on 1 February 1990 under the Minister of Finance at that time, Tengku Razaleigh Hamzah.
Thailand's second-largest lender, Kasirkonbank Pcl (Kbank) will start giving digital loans to sellers on Sea Ltd's e-commerce business Shopee, in the bank's latest digital partnership, it said on ...
Its net profit in 2014 rose by 66.2%—the highest among Thai banks. Net profit improved five-fold from, 2009-2014 while asset quality improved. Non-performing loan ratios dropped from 12.7% in 2009 to 2.9% in 2014 and cost-to-income ratios decreased from 77% in 2009 to 53% in 2014." [15]
On 2 August 1989, Krungthai Bank was the first state enterprise to list its shares on the Stock Exchange of Thailand (SET). [5] Its major shareholder is the Ministry of Finance through a shareholding of 6,184 billion shares by the Financial Institutions Development Fund (FIDF), accounting for 55.31 percent of total shares.
GH Bank is Thailand's largest mortgage lender. As of August 2019, it has 1.3 trillion baht in outstanding loans. Most of the bank's customers have loans up to two million baht; its largest loans are seven to eight million baht. [2] In 2019 its loan approval target is 203 billion baht. [6]
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