In 2022, S Pay Later by Shopee provided the lowest interest rate at 15 percent among other nano finance businesses under supervision. Shopee is an e-commerce platform founded in Singapore available in 11 countries. S Pay Later is an online loan with the maximum limit of 100 thousand Thai baht for shopping on Shopee TH platform.
Interest rate of leading nano finance under supervisions loans in Thailand in 2022
Nano financing business under supervision of the Bank of Thailand refers to personal loans for business undertakings. The credit underwriting process should be flexible and commensurate with the nature of debtors, such as a start-up business. The total credit line for each loan must not exceed 100,000 baht, with maturity determined by the parties involved.
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GSB Research Center. (December 31, 2022). Interest rate of leading nano finance under supervisions loans in Thailand in 2022 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1405607/thailand-nano-finance-under-supervision-interest-rate/
GSB Research Center. "Interest rate of leading nano finance under supervisions loans in Thailand in 2022." Chart. December 31, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1405607/thailand-nano-finance-under-supervision-interest-rate/
GSB Research Center. (2022). Interest rate of leading nano finance under supervisions loans in Thailand in 2022. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1405607/thailand-nano-finance-under-supervision-interest-rate/
GSB Research Center. "Interest Rate of Leading Nano Finance under Supervisions Loans in Thailand in 2022." Statista, Statista Inc., 31 Dec 2022, https://www.statista.com/statistics/1405607/thailand-nano-finance-under-supervision-interest-rate/
GSB Research Center, Interest rate of leading nano finance under supervisions loans in Thailand in 2022 Statista, https://www.statista.com/statistics/1405607/thailand-nano-finance-under-supervision-interest-rate/ (last visited November 23, 2024)
Interest rate of leading nano finance under supervisions loans in Thailand in 2022 [Graph], GSB Research Center, December 31, 2022. [Online]. Available: https://www.statista.com/statistics/1405607/thailand-nano-finance-under-supervision-interest-rate/
