Krungsri Motorcycle aims for Bt16.7 bn in new loans
Play
Ayudhya Capital Auto Lease Plc (Krungsri Auto) has announced Krungsri Motorcycle’s impressive first-half new lending volume of Bt8.9 billion, a year-on-year growth of 19 per cent, while motorcycle sales and the overall motorcycle finance market shrank by two per cent.
It sets to achieve 31 per cent market share of motorcycle finance by yearend, reinforcing its number one position for five consecutive years, the company’s managing director Kittiya Srisanit said yesterday.
By the end of 2018, the company aims to achieve Bt16.7 billion in new lending volume of motorcycle loans, a 7 per cent year-on-year growth, It targets Bt26 billion in loan outstanding, a gain of 16 per cent from last year, she added.
