Facebook Pixel Banks focus on selective segments for auto loans | Bangkok Post - newspaper - Read this story on Magzter.com
Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Banks focus on selective segments for auto loans

Bangkok Post

|

January 20, 2026

Banks are adopting mixed strategies for auto loans this year, focusing on selective segments amid weak consumer purchasing power.

- SOMRUED!I BANCHONGDUANG

Banks focus on selective segments for auto loans

Attendees review auto loan products at booths during last year's Money Expo.

Tisco Bank, a subsidiary of Tisco Financial Group, targets overall auto loan growth in 2026 of 0-5%, depending on vehicle segments. The bank will primarily emphasise new car loans and car title loans in line with demand and. borrowers’ purchasing power, said Sakchai Peechapat, chief executive of Tisco Financial Group.

For new car loans, the bank will provide financing for both internal combustion engine vehicles and electric vehicles (EVs) across various brands. For car title loans, the bank will focus less on loan-to-value ratios and instead attract borrowers through higher interest rates.

MORE STORIES FROM Bangkok Post

Bangkok Post

Intel's quarterly revenues soar

Intel posted blowout financial results Thursday, a sign that the long-suffering chipmaker is finally reaping substantial benefits from the artificial intelligence boom.

time to read

2 mins

April 25, 2026

Bangkok Post

Tuch’s goal gives Sabres 2-1 series lead over Bruins

Alex Tuch scored the tiebreaking goal 4:03 into the third period, propelling the visiting Buffalo Sabres to a 3-1 win over the Boston Bruins in Game 3 of their Eastern Conference first-round playoff series on Thursday night.

time to read

1 min

April 25, 2026

Bangkok Post

Rusty Sabalenka rolls on as shocks rock Madrid Open

Aryna Sabalenka shook off some rust to post her first victory of the season on clay and extend her winning streak to 13 matches on Thursday in Madrid.

time to read

2 mins

April 25, 2026

Bangkok Post

Bangkok Post

What the Gulf conflict means for airlines

Airlines are cutting capacity, but Thai authorities are hopeful for a rebound during the high season

time to read

4 mins

April 25, 2026

Bangkok Post

Govt pushes plan to get 300,000 EVs on the road

The Transport Ministry is preparing an action plan to boost EV adoption by 300,000 vehicles, supported by tax incentives and a car trade-in scheme.

time to read

1 mins

April 25, 2026

Bangkok Post

Bangkok Post

How El Nino could impact the world's weather in 2026/27

Asia to see hotter, drier weather for rest of year, writes Naveen Thukral

time to read

2 mins

April 25, 2026

Bangkok Post

Bangkok Post

Large-scale trial for gangsters held at mega-jail

Hundreds of alleged Mara Salvatrucha gang members sat chained, shaved and mute as they were accused of murder and torture during a mass trial at El Salvador's notorious CECOT jail, AFP reporters witnessed Thursday.

time to read

2 mins

April 25, 2026

Bangkok Post

Pheu Thai names key advisers

The Pheu Thai Party yesterday announced a structural overhaul and renewed sense of purpose following its annual general meeting and the appointment of key advisers to help steer strategy and policy direction.

time to read

1 mins

April 25, 2026

Bangkok Post

Standing at a crossroads

The Pheu Thai Party finds itself at a pivotal crossroads as it attempts to rebuild momentum after a bruising electoral setback, with its prime ministerial candidate, Yodchanan Wongsawat, now positioned - somewhat uneasily as the public face of a party in transition.

time to read

4 mins

April 25, 2026

Bangkok Post

Bangkok Post

Bloc preps plan for mutual aid

The European Union (EU) will lay out a “blueprint” for how its mutual assistance clause works if a country is attacked, Cyprus’ leader said yesterday, as President Donald Trump casts doubt on the US commitment to the North Atlantic Treaty Organization (Nato).

time to read

2 mins

April 25, 2026

Listen

Translate

Share

-
+

Change font size