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Bangkok Post

Business

CIMBT looks to digital personal loan growth

Mr Tan says CIMBT is studying a "buy now, pay later" service for its digital personal loans, and plans to offer the service later this year.

CIMB Thai Bank (CIMBT) plans to expand digital personal loans this year, targeting 500 million baht in total by focusing on the upper-income segment.

CIMBT recently introduced two digital personal loan products -- the "Personal Cash" instalment loan and "Extra Cash" credit line, with a total value of around 14 million baht, said Tan Keat Jin, senior executive vice-president and head of consumer banking.

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