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Ngern Tid Lor PCL
SET:TIDLOR

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Ngern Tid Lor PCL
SET:TIDLOR
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Price: 16.5 THB -2.37% Market Closed
Market Cap: 48.1B THB
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Ngern Tid Lor PCL
Investor Relations

Ngern Tid Lor PCL, an emblematic presence in Thailand's financial landscape, has woven itself into the daily lives of countless Thais through its tailored approach to microfinance and insurance services. With a name that translates to “money on the wheel,” the company primarily caters to the financial needs of the country's underserved and underbanked population. It operates a vast network of branches across Thailand, offering car title loans, a product that forms the crux of its business model. These loans allow vehicle owners to leverage their car titles as collateral, securing cash that is often vital for emergency expenses or personal investments. Ngern Tid Lor has thus positioned itself as a pivotal player in providing access to credit where traditional banks might hesitate due to high risk.

Supplementing its core lending operations, Ngern Tid Lor has diversified into the insurance sector, offering simple and straightforward policies that appeal to its extensive customer base. The company's insurance products range from personal accident coverage to motor insurance, creating an additional revenue stream that also addresses the pressing demand for accessible insurance options. By bundling these products with its loan offerings, the company effectively enhances customer loyalty and broadens its market reach. Ngern Tid Lor's strategic model, focusing on affordability and accessibility, not only fuels its revenue generation but also reflects a deep understanding of the financial challenges faced by its clientele, thereby reinforcing its stronghold in the Thai finserv market.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Piyasak Ukritnukun
MD, Chief of Senior Management Team & Director
No Bio Available
Mr. Veerapat Viriyakovitya
Head of Financial & Accounting Department
No Bio Available
Ms. Piano Watcharapolmek
Head of Operations & Operational Risk Management Department
No Bio Available
Ms. Duangporn Utaipat
Head of Compliance Department
No Bio Available
Mr. Siu Bong Tso
Head of Marketing, Business Development & Information Technology
No Bio Available
Ms. Athitaya Phoonwathu
Head of Human Resource Management & Insurance Broker
No Bio Available
Mr. Thanya Kitchainukul
Head of Credit Department
No Bio Available
Ms. Chaweemas Yamyim
Head of Branch Development, Sales Management & Collections
No Bio Available
Ms. Nipa Vanichavat
Head of Business Support & Central Service Department
No Bio Available

Contacts

Address
BANGKOK METROPOLIS
Bangkok
428 Ari Hill Building, Phahonyothin Road,, Samsen Nai Subdistrict, Phaya Thai District,
Contacts
+66880880880
www.tidlor.com