Knowing your expertise
published : 10 Jul 2021 at 06:28 Sakchai Peechapat, chief executive officer of Tisco Financial Group.
Tisco Financial Group plans to leverage its expertise in auto lending and wealth management to grow its businesses once the pandemic is controlled, chief executive Sakchai Peechapat told the Bangkok Post in an exclusive interview.
Auto lending is the group s core business under Tisco Bank, which is 100% owned by Tisco Financial Group. Auto-hire purchasing loans represent 56.2% of the bank s total loan portfolio.
Combined vehicle lending covering auto loans and car title loans represent 71% of the bank s outstanding loans.
Auto loan borrowers are a key segment that have been heavily affected by the Covid-19 outbreak. He said Tisco s management has provided better care to this segment during the second and third waves, compared with the first wave.