Mercedes-Benz Leasing expects uptick in loans

Company sees 30-40% growth in 2017

Supavut: Push into commercial vehicles

Mercedes-Benz Leasing Thailand, the captive finance firm of the German luxury carmaker, is upbeat about loan growth this year on the back of improved market sentiment.

The company said yesterday its loan portfolio climbed 7% to 33 billion baht during the first half while new loans jumped 14-15% to 6 billion baht.

According to managing director Supavut Jiramanusnakorn, Mercedes-Benz performed well in Thailand with 6,679 units sold, up 25.4% year-on-year in the first six months.

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