24-month zero-rate installment for Jubilee diamond purchase

MONDAY, SEPTEMBER 05, 2011
24-month zero-rate installment for Jubilee diamond purchase

Jubilee Enterprise Plc has teamed up with Citibank, allowing the bank's creditcard holders to purchase its products with 24-month zero-rate installment.

 Over 2,000 new clients are expected through the campaign, which will end this month.

 Anyarat Pornprakit, CEO of the diamond company, said the campaign is launched as more consumers are paying for their purchases through credit cards. Over 90 per cent of Jubilee clients pays through credit cards, with purchases ranging from Bt20,000 to Bt100,000.

 Jubilee now has over 100,000 clients and new clients should help it achieve the 20 per cent revenue growth target to Bt850 million.