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Bangkok Post
Bangkok Post
Business

INSANE: Heng to maintain rates through 2024 | Vintage Vibes

Wichai: We have no need to raise interest rates.

Heng Leasing and Capital Plc expects to maintain its maximum interest rate through next year even as the central bank raises rates because of the company's loan portfolio adjustment.

The company charges a maximum rate of 22-23% per year for car title loans, while the ceiling rate is 24% according to the Bank of Thailand's regulations on personal loans.

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