Friday, October 14, 2022
Mr. Piyasak Ukritnukul, President of Ngern Tid Lor Public Company Limited or TIDLOR, said that from the case of the Government Savings Bank announced preparations to do business in non-bank financial services (non-bank) in 2023 by providing credit services. Personal (P-Loan) and will charge an interest rate of about 20% per year, including a plan to provide land loan services and resale according to the news Money Tid Wheel is confident that it will not be affected. Since the main business is currently providing car registration loans. and the group of credit users is still different The customer group of Ngern Tid Lor is a group of loans with vehicle registration as collateral.
In addition, money on wheels also has the strength of providing services through “cards on wheels”, a revolving cash card that does not use and does not pay interest. That will allow car registration loan applicants to withdraw cash according to their credit limit through ATMs of leading commercial banks across the country. Allows access to funds when needed comfortably Faster and more flexible Helping to reduce the process of submitting documents for a new loan. and reduce the cost of traveling to receive services at branches To be able to use the money to solve problems or rehabilitate their own business. It also reduces dependency on informal sources of funding. Which in the past has received good feedback from customers. In the past, the company can also continue to create growth for the insurance brokerage business. and can grow better than the industry average As a result, the income from the insurance brokerage business has continuously increased.
It is gratifying that the bank has turned its attention to low-income groups. Self-employed or farmers with an uncertain source of income to help the people of the foundations (underbanked) have more opportunities to access funding sources in the system On the other hand, non-bank operators need to adjust and build a strong business foundation. in order to be able to support business competition in the future In the past, Tid Tid gave up on building a business foundation by using innovation in the past. Therefore, we are confident that we will be able to compete in the business both today and in the future. and can grow sustainably Interested parties can follow the details of the money on wheels at the website. www.tidlor.com and Facebook Money Tid Wheel or ask for details at the call center at 088-088-0880 24 hours a day.