Post by account_disabled on Jan 2, 2024 3:26:28 GMT -2
The trend of commercial banks joining hands with “Digital platforms” continue to emerge, most recently with Kasikorn Bank. Joined hands with Shopee, a famous e-commerce platform, to offer "online business loans" (MADFUND) to over 750,000 merchants on Shopee, whereas previously Kasikorn Bank also has a partnership with Grab, a platform that provides taxi hailing, motorcycle taxi services, parcel delivery, and food ordering, to provide personal loans to Grab drivers. Since the first quarter of this year During this time, there is also Citibank Thailand working with Grab. Launch of the co-branded credit card “Citi-Grab” (Citi Grab) to penetrate the lifestyle market in Southeast Asia. Including many other previous banks. By “ Patchara Samalapa”, Managing Director of Kasikorn Bank, said that MADFUND at the bank provides loans to merchants on Shopee. The highlight is that there is no need to submit original documents. Interest rates as low as 9% per annum for secured traders and 12-14% per annum for unsecured traders. You can apply through the K PLUS application and the bank will screen loan recipients based on income information. and other trading behaviors together with a maximum approval limit of 600,000 baht. In addition, customers will also receive various special privileges from the bank as well.
“If the seller has been on the platform for quite a long time. It may make loan approval easier, such as having been selling for 6 months, etc. But if the seller has just recently started selling products on Shopee But having collateral may make loan approval easier as well. while the interest rate is considered relatively low which people may think that we lend money online Should have cheaper costs than branches. But I must say that in the past We also have system costs. That may even be higher than the cost of Telegram Number Data the branch. It's just that lending money online is more convenient,” Mr. Patchara said. lg.php?prachachat “Patchara” also said that the bank is still in talks with other e-commerce platforms, including Lazada and JD Central, which may take about 1-2 years to see concrete cooperation. Currently, Kasikorn Bank has a customer base of approximately 1.2 million online sellers. This year, it aims to provide consumer loans at 70,000 million baht, of which about 10,000 will be mobile phone loans. million baht, which can now be released more than the target And it is expected that overall consumer loans will grow beyond the target. From "Weeraanong Jira Nakhon Phutrakul" Deputy Managing Director Consumer Banking Division Citibank Thailand said the recently launched CitiGrab credit card is a key move into the lifestyle market in Southeast Asia. which is a high value segment Thailand is the second country after the Philippines.
which opened last month Last June This year, it is expected that the overall amount of spending via credit cards (Spending) and Citibank credit cards will increase. will grow by 2 digits, just as new card approvals are likely to grow by 2 digits as well. After the past 3 quarters, from January to September, there are a total of over 1 million credit cards, with the card customer base Citibank credit Customers must have an income of 15,000 baht per month or more. “The important thing is that people spend more of their lives online. It's not just shopping, there's also delivery and food delivery, so the fact that we have various benefits should really meet the needs of customers, especially our customers who already use the Grab service, so they'll be on-top and hope that customers New people will turn to become members with us. It is expected that we will definitely increase the number of new card customers,” Mrs. Weeraanong said. "Naris Sathapondecha", executive of TMB Economic Analysis Center, said that during this period we will see many banks collaborating with various digital platforms to expand lending called " information base lending".
“If the seller has been on the platform for quite a long time. It may make loan approval easier, such as having been selling for 6 months, etc. But if the seller has just recently started selling products on Shopee But having collateral may make loan approval easier as well. while the interest rate is considered relatively low which people may think that we lend money online Should have cheaper costs than branches. But I must say that in the past We also have system costs. That may even be higher than the cost of Telegram Number Data the branch. It's just that lending money online is more convenient,” Mr. Patchara said. lg.php?prachachat “Patchara” also said that the bank is still in talks with other e-commerce platforms, including Lazada and JD Central, which may take about 1-2 years to see concrete cooperation. Currently, Kasikorn Bank has a customer base of approximately 1.2 million online sellers. This year, it aims to provide consumer loans at 70,000 million baht, of which about 10,000 will be mobile phone loans. million baht, which can now be released more than the target And it is expected that overall consumer loans will grow beyond the target. From "Weeraanong Jira Nakhon Phutrakul" Deputy Managing Director Consumer Banking Division Citibank Thailand said the recently launched CitiGrab credit card is a key move into the lifestyle market in Southeast Asia. which is a high value segment Thailand is the second country after the Philippines.
which opened last month Last June This year, it is expected that the overall amount of spending via credit cards (Spending) and Citibank credit cards will increase. will grow by 2 digits, just as new card approvals are likely to grow by 2 digits as well. After the past 3 quarters, from January to September, there are a total of over 1 million credit cards, with the card customer base Citibank credit Customers must have an income of 15,000 baht per month or more. “The important thing is that people spend more of their lives online. It's not just shopping, there's also delivery and food delivery, so the fact that we have various benefits should really meet the needs of customers, especially our customers who already use the Grab service, so they'll be on-top and hope that customers New people will turn to become members with us. It is expected that we will definitely increase the number of new card customers,” Mrs. Weeraanong said. "Naris Sathapondecha", executive of TMB Economic Analysis Center, said that during this period we will see many banks collaborating with various digital platforms to expand lending called " information base lending".