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SCNB touts faster loan approval service.

Bangkok Post (Bangkok, Thailand)

| March 03, 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. 3--Standard Chartered Nakornthon Bank has announced same-day service for personal loans.

Ajay Kanwal, senior executive vice-president for consumer banking at Standard Chartered Nakornthon, boasted that the "1Day Cash" service offered the fastest turnaround time for personal loans of any Thai bank.

"This isn't a new product, but rather a move to offer better service and greater convenience for customers," he said, adding that a survey showed that faster execution was one of the most desired attributes sought by retail customers from the bank.

Mr Kanwal said the bank typically took three days to process loan ...

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Source: HighBeam Research, SCNB touts faster loan approval service.

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