Thai Credit Bank Unveils Strategy of 3 Branch Models Combined with 3 Digital Platforms

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Summary · why it matters

Thai Credit Bank, or CREDIT, has announced a growth strategy that combines the strengths of 3 local branch models with 3 digital platforms to expand equal access to financial services for all customer groups nationwide. The 3 branch models consist of more than 500 micro-retail loan branches that emphasize compact, agile operations distributed in community and market areas; 33 full-service branches offering comprehensive savings, investment, personal loans, home loans, and financial planning; and micro-SME loan business centers piloted in 6 economic hub provinces: Chiang Mai, Chonburi, Khon Kaen, Samut Sakhon, Nakhon Ratchasima, and Surat Thani. The 3 digital platforms are alpha by Thai Credit, the main mobile banking app for individual customers, which offers a high-yield digital savings account at 1.6% per year for the first 1 to 500,000 baht; Micro Pay e-Wallet, a digital wallet for merchants accepting payments; and alpha SME, a platform for business customers that is planned to launch soon.

Impact on assets 1

Financials▲
Thai Credit Pcl
CREDIT
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Thai Credit Bank unveils a growth strategy combining 3 branch models and 3 digital platforms to expand financial services to more customer groups nationwide.