Bangkok money expo 5th year-end year-end MONEY EXPO 2022 BANGKOK YEAR-END held by Money and Banking Magazine on 15-18 December ’22. end of year special Supporting transactions, offline and online, over 6,730 million baht, popular home loans over 2,740 million baht, entrepreneurs borrowing over 1,600 million baht from SMEs, people buying life insurance / tax saving funds in the last curve with a total of over 1,550 million baht.
Ms Phaknee Wiriyarangsarit co-chairman of the 5th Money Expo Money Expo Bangkok 2022 YEAR END BANGKOK at Money and Banking Magazine Held from 15-18 December 2022 at Hall EH103-104, BITEC Bangna Exhibition and Convention Center revealed, under the concept of “Wealth to Wellness” that the 4-day event has a total of offline financial and investment transactions that travel to conduct transactions at the event and online transactions through the MoneyExpoOnline platform totaling more than 6,730 million baht by more than 10,300 applicants who use the service at the event.
Home loans and home refinancing continue to attract attention from visitors Before the end of the measures to relax the rules for supervising mortgage loans and mortgage-related loans (LTV) which will come into force in 2023, the transactions with the highest number of applicants, totaling more than 2,740 million baht from more than 3,500 applicants applying for a home loan loan can know the results of the preliminary approval immediately
Within the END OF YEAR 2022 MONEY EXPO BANGKOK event, banks have brought home loan promotions to compete fiercely, such as Bank of Ayudhya offering a promotion with an interest rate of 0% for the first 3 months, a collateral appraisal fee of 50% for the first year. . “Home loan, this year’s loan, next year’s installment” Buy / build / add / repair or refinance and provide additional credit limits The lowest interest rate for the first year is 1.99% Choose a free 6 month installment, free of charge for making a legal contract. Free Loan and Mortgage Service Fee
Kasikorn Bank Get the green trend, bring home loans for roofing, 0% interest rate for 3 months, Krung Thai Bank The initial interest rate of 1% for the first year, the maximum of 100%, the maximum loan period of 40 years, free of charge for applying for a loan. Bangkok Bank The interest rate is MRR-2.45%.
The second highest number of transactions are SME loans. The total loan amount is over 1,600 million baht, allowing small and medium businesses to access sources of finance through promotions at events such as Krung Thai Bank. Raising credit for business rehabilitation Special interest rates for the first 2 years, no more than 2% per year, installments for a maximum of 10 years, Krungthai SME Smart Shop loans, small shops can be borrowed. Use the “Thung Ngern” application or the Krungthai EDC machine, no collateral is required, with a maximum credit limit of one million baht, Siam Commercial Bank. Offers SSME business loans, interest rates, special conditions of 1.99% per annum and business loans with a maximum credit limit of 150%, a maximum credit limit of 50 million baht.
The Government Savings Bank brings business loans to GSB D-VERs as working capital. Invest in fixed assets And can refinance from other financial institutions Loan amount 1-20 million baht, average interest rate for the first 2 years is 3.99%, loan amount 20-100 million baht, using collateral for the full loan amount Y average interest rate for the first 2 years is 2.99% and the Soft Loan Re-Open loan is a low interest loan program for hotel and supply chain businesses, including general restaurants. Fixed interest rate for the first 2 years, 1.99% p.a., can be free of principal payments for up to 2 years, loan period not exceeding 10 years
The Export-Import Bank of Thailand (EXIM Bank) brings business personal loans (EXIM Personal Biz) with a special interest rate when approved if 5.75% higher than the usual 7.75% per annum for businesses with sales and good payments. 2 million baht. and a business start-up credit with a maximum credit limit of 500,000 baht, an interest rate of 9.99% in the first year.
Ms Phaknee revealed that for savings and investment products have also received a lot of attention from visitors with life insurance / insurance / health insurance / bank insurance The third highest, more than 1,450 million baht, the most popular type of insurance is Short-term savings life insurance high yield Either a one-time premium payment or no more than 5 years, but with a coverage period of 10 years or more, to be used mainly for a maximum tax deduction of the first 100,000 baht.
Followed by annuity life insurance. which saves money to spend after retirement AND tax deductions of up to 200,000 baht at the same time, health insurance is also gaining attention. which in addition to being insurance that helps control medical costs You can also save up to 25,000 baht in tax.
Special for customers with life insurance, insurance and health insurance in the event. which can be used in addition to the insurance premiums for tax deduction rights also receive promotions available only at the event, such as buying life insurance Get a gold bar weighing 10 baht, iPhone 14 Pro Max 256 GB, Apple iPad Pro Watch, Central Voucher In terms of insurance, reduce insurance premiums by up to 23%, both life insurance and non-life insurance. Customers can also pay in installments via a 0% credit card.
Deposits and savings lotteries It has the fourth highest transaction volume of more than 470 million baht. The Government Savings Bank has a special deposit promotion 109 with a maximum step up interest rate of 10.90% per annum or a fixed deposit equivalent of 3.50% per annum and a retirement deposit special with a 12 year interest rate Step Up Type, maximum one year 12 = 9.99% per annum, while the Bank for Agriculture and Agricultural Cooperatives (BAAC) offers Additional Bonus Advances 56, receiving step-up returns of up to 10.56% per annum.
This year, the amount of investment in mutual funds is worth more than 100 million baht, the most popular funds are RMF&SSF for those who want to use tax deduction privileges. Banks and financial institutions that participated in the booth brought a team of investment experts to provide advice. Ready to organize promotions waiting for both Kasikorn Bank with a promotion to buy SSF / RMF tax saving funds for 50,000 baht, receive another 100 baht from K-Cash investment units, up to a maximum of 1,000 baht Bank of Ayudhya is offer 100- baht voucher when Investing in funds with a net investment amount of 50,000 baht, while Bangkok Bank There is a souvenir when buying a tax deductible fund in the event.
In addition, the event brought new services from Krung Thai Bank which have just been launched. “Pocket Pay” to open for service as well Paotangpay is a new E-Wallet service on the Paotang app. which can be spent on everyday life You can link your Krung Thai account to add to your wallet, spend via QR or link your Play card.
Siam Commercial Bank brings CardX, one of the financial business groups, SCB 10X. Let’s launch a brand new credit card. Ready to organize a promotion to apply at the event, receive a special interest rate of 0% for a maximum of 3 accounting periods and a CardX QUICK LOAN personal loan with the lowest interest rate of 9.99% per annum (first 12 months).
