By The Nation
The two campaigns are K-Home Loan Refinance campaign featuring free mortgage registration fee of up to Bt200,000 along with special interest rate, and the K-Home for Cash campaign offering special interest rate for the first two years at minimum retail rate or MRR-1 per cent per year, and MRR-0.5 per cent per year thereafter, along with free appraisal fee worth Bt3,000.
He added that K-Home Loan recorded high growth in 2018, with new loans reaching more than over Bt74 billion and outstanding loans totalling approximately Bt280 billion, up 12 per cent year-on-year.
Looking into 1Q19, it is expected that home loans overall will continue to post high growth in advance of the Bank of Thailand's enforcement of a new measure in April 2019, aimed at supervising home loans and building long-term economic stability.
Surat added that KBank has targeted new home loans to reach Bt66 billion at the end of year 2019.