Easy Buy, the Japanese personal loan provider, has set a lower loan growth target for 2013 than last year to reflect consumers' higher debt burden following the first-time car buyer scheme.
Chief executive Takeharu Uematsu said the company is projecting loan expansion of 6%, compared with 7% with an outstanding balance of 30 billion baht last year.
The falling target is in line with good risk management. Mr Uematsu expects the debt payment ability of Thai consumers will decline because of the higher debt burden mainly involving car loans.
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