Osotspa Joins Hands with SCB-AUTO X to Empower Partners to Grow Together by Offering Loan Package with Interest Rate Starting at 2.99%

Osotspa Public Company Limited joins hands with Siam Commercial Bank (SCB) and Auto X Company Limited to release an exclusive campaign to increase the retailers’ capabilities. The campaign offers comprehensive loan packages that enhance liquidity during business rejuvenation and support business expansion for over 5,000 distributors of Osotspa. The packages include long-term credit and special interest rates starting at 2.99%. Moreover, the campaign offers many loan packages to serve various purposes: 1. loan for distributors and customers that buy products from Osotspa, offering credit lines of up to 25 million baht 2. unsecured loan, offering credit lines of up to 1 million baht for installment period of up to 5 years 3. loan for new/growing businesses, offering credit lines of up to 50 million baht for installment periods of up to 10 years 4. Manee Tun Jai Loan for businesses that accept payment through an SCB account, offering credit lines of up to 500,000 baht for installment period of up to 36 months 5. Chai Yo Loan by Auto X Company Limited, a subsidiary of SCB X, offering a car registration loan with free loan protection insurance and credit lines of up to 1 million baht for installment period of up to 60 months.

This cooperation was held to empower Osotspa's distributors with working capital to enhance their financial liquidity and help them grow strongly together with Osotspa. Mrs. Wannipa Bhakdibutr, Chief Executive Officer and Mr. Sarayut Jitcharoongphorn, Chief Customer Development Officer-Thailand, Osotspa Public Company Limited, Mrs. Pikun Srimahunt, Senior Executive Vice President Chief SME Banking Officer, Siam Commercial Bank, and Mrs. Apiphan Charoenanusorn, CEO of Auto X Co., Ltd. announced a partnership, recently.