By The Nation
Somjate Moosirilert, CEO of Thanachart Bank Public Company Limited, said: “In the first three months of 2018, our customer-focused strategy continued to produce strong results with earnings growing for a 13th straight quarter. We continue to create and deliver value to our customers while driving top quartile efficiency gains. Our market leading position in hire purchase loans grew almost 9 per cent and we registered good gains in our retail franchise, particularly in the SME [small- and medium-sized enterprises] segment and we remain well capitalised with a capital adequacy ratio of 18.8 per cent.”
Somjate highlighted some key initiatives over the last quarter, including introduction of Thanachart Ultra Savings Account which offers one of the highest interest rates in the industry at up to 1.5 per cent per annum, as well as the launch of the Thanachart Justice League Chibi card.
The CEO was also enthusiastic about the bank’s digital progress, saying: “Today, all of our customers can apply for loans themselves through our Thanachart Connect mobile application. We prioritised customer feedback in building this capability and we are excited by the customer experience it provides.”