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Capital OK to expand upcountry, targets 650,000 clients.

Bangkok Post (Bangkok, Thailand)

| March 02, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Darana Chudasri

Mar. 2--The consumer finance company Capital OK expects to boost its customer base six-fold by the end of the year, after signing up 100,000 customers in just five months.

Kwanchai Modpradit, marketing director at Capital OK, said the company expected its customer base to rise to 600,000-650,000 by the end of the year as the company expands its reach upcountry.

The company planned to first focus on urban centres and large provinces such as Songkhla, Chiang Mai, Khon Kaen and Ubon Ratchathani.

Mr Kwanchai said the company would open service offices in 10 provinces nationwide by the end of the year, and he expected ...

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