Highway to open 50 new branches
Hire-purchase firm Highway Co Ltd targets 50 per cent growth in new loans this year or Bt15 billion from Bt10 billion last year, the company’s managing director Supachai Boonsiri said recently.
To drive the company’s hire-purchase loan growth, the company plans to open 50 new branches nationwide this year in addition to the 200 existing outlets.
The company will keep its non-performing loans at not more than 1.9 per cent of its total outstanding loans, he said.
Highway Co Ltd is a hire-purchase firm under the Somwang Ngan Sang Dai brand. The company is subsidiary of Tisco Financial Group.
