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Pawn shop lending growth skyrockets

Bangkok Post

|

November 21, 2025

Uptick attributed to gold prices

- SOMRUEDI BANCHONGDUANG

Easy Money, one of the country's leading pawn shop operators, expects to record its highest loan growth in two decades this year, driven largely by surging gold prices.

For the first 10 months of this year, the company's total outstanding loans rose to 27 billion baht.

Outstanding loans are projected to reach 29-30 billion baht by year-end, representing year-on-year growth of around 30%, according to Sittiwit Tangthanakiat, chairman of Easy Money Group.

"The sharp rise in gold prices has drawn more customers to use gold-pawn services. This supports what we expect will be a 20-year high in loan expansion," he said.

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