AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) was incorporated on September 18, 1992 by AEON Credit Service Co., Ltd. in Japan (“AEON Credit Service”). The Company currently has paid up capital of 250 million baht. AEON Credit Service, the major shareholder of the Company, was listed 1st section on the Tokyo Stock Exchange and provided financial services, including credit card, hire purchase, personal loan, and other services. Following its success in the Japanese market, AEON Credit Service has expanded its business to other Asian countries such as Hong Kong, Thailand, Malaysia, Philippines, Indonesia, China, Taiwan, Korea, Vietnam, Cambodia, Australia, India, Singapore, Laos and Myanmar, respectively.
Company Business Overview
At present, the Company’s principal business activity is the provision of a variety of retail finance services, including credit card, hire purchase, personal loan, and others.
The core business, which generated most revenues for the Company in the past year, is credit card and personal loan business, representing 38% and 50% of total revenues, respectively,
and the hire purchase business, representing 2% of total revenues.
As of February 20, 2013, the Company’s total cards reached 6.70 million cards (including 2.12 million credit cards and 4.58 million member cards), increased by 482,000 cards or 8% from the last year.
For network expansion, the Company has 100 branches and 382 ATMs to support customers nationwide. Moreover, total dealers have reached more than 15,700 dealers.