Bangkok--9 Jul--Krungthai Card KTC sees growth in personal finance business. The firm is set to launch “KTC CASH Gold Privilege Card” offering discounts and privileges over 3,000 Baht plus possibility of settlement via ATM. Sudaporn Janwatanagool, Executive Vice President, “KTC” or Krungthai Card Public Company Limited, and Personal Loans Business marketing team introduce a new privilege card “KTC CASH Gold Privilege” bringing together privileges and discounts from partner establishments as a gesture of gratitude towards KTC CASH clients for their continued patronage. With this move, KTC seeks to ensure long-term client loyalty and offer members added convenience of barcode on card for settlement at ATM’s of three leading banks. “We have been in the personal loans business since 2003. KTC CASH is well received by members across the country and the business is seeing a generous and constant growth. This is particularly true for KTC CASH Revolve which we have introduced in 2006. As you can see, there are more than 300,000 accounts in our personal loans client portfolio as of the first quarter of this year. We believe that the personal loans business will grow despite of the economic downturn because consumers will need credit more than cash as it allows them to manage their revolving capital more flexibly. We will continue to make sure that our clients are responsible and financially disciplined. And our analysis of KTC CASH clients’ spending behaviours in 2006 reveals that they are satisfied with the privileges previously offered by KTC CASH Privilege Card.” “KTC CASH Gold Privilege Card will bring our personal loans members even more privileges. This is made possible with the cooperation of our partners. The upgrade from KTC CASH Privilege Card to KTC CASH Gold Privilege Card will make a major difference and ensure the utmost benefits of the clients. Current clients and those applying in response to our invitation and approved for the loan will be given a KTC CASH Gold Privilege Card immediately.” “What makes KTC CASH Gold Privilege Card most special is that it will come with Welcome Gold Package, a collection of coupons for discounts and privileges at leading establishments worth over 3,000 Baht. For instance, health check-up packages, accommodation, movie tickets, karaoke and automobile check-up services, as well as access to VIP programs and activities. KTC CASH Privilege Card and KTC CASH Gold Privilege Card will now carry a barcode with which clients can settle their payment at barcode reader equipped ATM’s of Krung Thai Bank, Kasikorn Bank and Bank of Ayudhya.”, said Sudaporn in conclusion. For more information, please contact: Public and Corporate Affairs Department Krungthai Card Public Company Limited Kandtharat Chermchitphong Tel. 0-2828-5057 Suchada Weerasakulrak Tel. 0-2828-5732 Fax. 0-2828-5046 E-mail: [email protected] Click for photo release at www.thaipr.net