SET-listed Heng Leasing aims to expand its loan portfolio by 20-30% to 14.4 billion baht this year thanks to rising car registration loans, while reducing its non-performing loans (NPLs) to 2.9% from 3%.
Heng president Wichai Suphasathikul said the overall credit service market this year continues to expand because of higher customer demand for financial resources to support their careers after the economy grew.
“This is an opportunity for Heng to extend credit to locals under our concept of ‘everybody can borrow’,” he said.
Heng’s strength lies in having a team who understand the language, culture and way of life of locals, said Mr Wichai. As a result, the company can offer suitable loan products in…
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