In 2022, Finnix had the fastest approval period for nano finance under supervision which was within 5 minutes of submission. This was followed by Money Thunder or Ngern Thunder digital lender with a 15-minute approval process.
Approval period of leading nano finance under supervisions loans in Thailand in 2022
(in hours)
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). Approval period of leading nano finance under supervisions loans in Thailand in 2022 (in hours) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1405646/thailand-nano-finance-under-supervision-approval-period/
GSB Research Center. "Approval period of leading nano finance under supervisions loans in Thailand in 2022 (in hours)." Chart. December 31, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1405646/thailand-nano-finance-under-supervision-approval-period/
GSB Research Center. (2022). Approval period of leading nano finance under supervisions loans in Thailand in 2022 (in hours). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1405646/thailand-nano-finance-under-supervision-approval-period/
GSB Research Center. "Approval Period of Leading Nano Finance under Supervisions Loans in Thailand in 2022 (in Hours)." Statista, Statista Inc., 31 Dec 2022, https://www.statista.com/statistics/1405646/thailand-nano-finance-under-supervision-approval-period/
GSB Research Center, Approval period of leading nano finance under supervisions loans in Thailand in 2022 (in hours) Statista, https://www.statista.com/statistics/1405646/thailand-nano-finance-under-supervision-approval-period/ (last visited November 23, 2024)
Approval period of leading nano finance under supervisions loans in Thailand in 2022 (in hours) [Graph], GSB Research Center, December 31, 2022. [Online]. Available: https://www.statista.com/statistics/1405646/thailand-nano-finance-under-supervision-approval-period/