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Sunday, May 5, 2024

LH Bank unveils digital personal loans

From left are Mr Foo, Chompoonoot Pathomporn, chief executive and president of LH Bank, and Kelvin Leung, managing director of Bangkok Smartcard System Co (Rabbit Card). They announced a partnership to add digital personal loans on mobile banking app LHB You.

LH Bank is introducing digital personal loans targeting younger customers, aiming for growth to 35% of the personal loan portfolio in five years.

The loans are dubbed Happy Cash and feature on the bank’s mobile app, LHB You.

The younger generation is the bank’s key target for the product, with interest rates starting from 5.55% for the first three months….

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