AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Thai Consumer Finance Firm Set to Enter Credit-Card Market.
Byline: Darana Chudasri
Oct. 4--Cetelem (Thailand), a consumer finance firm, says it plans to shift its focus to credit-card service, away from the hire-purchase segment, starting next year.
"We see an opportunity in the credit-card business in Thailand. Only four million credit cards have been issued to a population of 60 million," said chief executive Pedro Rodriguez.
In contrast, in Taiwan and South Korea, the other two Asian countries in which the company operates, the number of cards averaged three to five per head of population. Moreover, Thailand's retail business was still growing.
Cetelem's credit-card business will focus on ...
- Cetelem looks upcountry: B6bn in new credit forecast this year.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 5, 2006 700+ words
...purchase loans approved at Cetelem stand at about 10,000 to...40,000 baht. Yesterday, Cetelem launched its new corporate...Kamonoratep, commercial director of Cetelem Thailand, said the company...he said. To see more of the Bangkok Post, or to subscribe to the newspaper...
- Cetelem S.A.
- Reference information from: International Directory of Company Histories January 1, 1998 700+ words
Cetelem S.A. 20 avenue Georges-Pompidou 92500...SICs: 6153 Short-Term Business Credit Cetelem S.A. and its subsidiaries form the largest...in the European credit card market. The Cetelem group, which includes the company...
- S&P Rates Cetelem 'A+'/'A-1'; Outlook Positive.
- Press release article from: PR Newswire February 2, 2000 700+ words
...Poor's today assigned first ratings to Cetelem, France's leading consumer finance...The outlook is positive. The ratings on Cetelem reflect its strong franchise in consumer...ownership by the BNP Paribas group. Cetelem is the clear market leader in the French...
- France's Cetelem Counts on Micromuse's Netcool Solutions for Premier Business...
- Press release article from: Business Wire March 31, 2004 700+ words
...assurance software, today announced that Cetelem, a global consumer credit and financial...to service delivery. Founded in 1953, Cetelem is a subsidiary of BNP Paribas with a...an increasingly global dimension. "At Cetelem, we seek to make credit a modern tool...
- Halifax Cetelem Credit Ltd. Revamps Client Communications with Solution from...
- Press release article from: Business Wire February 13, 2002 700+ words
...information solutions, announced that Halifax Cetelem Credit Ltd. has implemented a completely...institutions. The new system will enable Halifax Cetelem to efficiently and cost-effectively...close to $55,000 per year. Halifax Cetelem, formed in 1999, is the leading provider...
- Halifax Cetelem Credit Ltd. Revamps Client Communications with Solution from...
- Press release article from: Business Wire February 13, 2002 700+ words
...information solutions, announced that Halifax Cetelem Credit Ltd. has implemented a completely...institutions. The new system will enable Halifax Cetelem to efficiently and cost-effectively...close to $55,000 per year. Halifax Cetelem, formed in 1999, is the leading provider...
- Cetelem enters into technology services agreement with IBM.
- Newspaper article from: Telecomworldwire April 21, 2008 700+ words
TELECOMWORLDWIRE-21 April 2008-Cetelem enters into technology services agreement...announced on Friday (18 April) that Cetelem, a consumer financial services provider...with the company. Under the agreement, Cetelem will reportedly have more flexibility...
- Hungarian arm of French Cetelem Bank ups revenues 20% in Oct. y-o-y on credit...
- Newspaper article from: Hungary Business News November 30, 2005 700+ words
Hungarian arm of French Cetelem Bank ups revenues 20% in Oct. y-o-y on credit...BUDAPEST. NOVEMBER 30. INTERFAX CENTRAL EUROPE - Cetelem Bank Hungary, subsidiary of French-based Cetelem SA has recorded 20% higher revenues in October...
