Auto lending is the group's core business under Tisco Bank, which is 100% owned by Tisco Financial Group. Auto loan borrowers are a key segment that have been heavily affected by the Covid-19 outbreak. "After offering the haircut option to auto loan customers for 2-3 months, we've not found a moral hazard problem. Thousands of auto loan customers were eligible this year, and hundreds of borrowers participated in the programme, said Mr Sakchai. The group's BIS ratio base was 22%, while Tisco Bank was at 22.8%.

Source: Bangkok Post July 09, 2021 23:37 UTC