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Ngern Tidlor assures that the Bank of Thailand s control over the hire purchase business has no impact on their operations

Ngern Tid Lor Public Company Limited, or TIDLOR, led by Piyasak Ukritnukun, Managing Director, emphasizes that this issue does not affect Ngern Tidlor's business.The recent news highlighting the control dispute between the Bank of Thailand (BOT) and the Thailand Arbitration Centre regarding the hire purchase business of cars and motorcycles, tentative to start on 1 November 2023, has raised concerns among industry owners. For TIDLOR, the main.

Ngern Tidlor assures that the Bank of Thailand s control over the hire purchase business has no impact on their operations

TIDLOR aims to reduce NPLs to below 1 8%, as credit cost adjustments reflect improved debt control

Ngern Tid Lor Public Company Limited, or TIDLOR, led by Piyasak Ukritnukun, Managing Director, has announced its goal of reducing the Non-Performing Loans (NPLs) ratio to less than 1.8% this year, down from the previous estimate of 2%.

Ngern Tidlor launches the TIDLOR Card campaign,

Piyasak Ukritnukun, Managing Director of Ngern Tid Lor Public Company Limited, announced this latest campaign for auto-title loan applications under the sedan and pick-up truck category, along with TIDLOR Card. Eligible applicants will benefit from a special interest rate of 0.94% per month, aimed at providing relief to underbanked customers and independent workers.

TIDLOR notches 17% QoQ net profit increase in Q1/23

Ngern Tid Lor Public Company Limited, or TIDLOR has unveiled its Q1/23 performance, achieving 955 million baht in net profit, representing a 16.9% increase compared to the previous quarter.

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