- CEO
- Sakchai Peechapat
- Full Time Employees
- 5,790
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 48/49 TISCO Tower Bangkok Thailand 10500
- IPO Date
- Jul 12, 2013
- Business
- TISCO Financial Group Public Company Limited, a holding company founded in 1969 and headquartered in Bangkok, Thailand, operates through its core subsidiary TISCO Bank Public Company Limited to provide a comprehensive range of commercial banking, lending, wealth management, and capital market services primarily to retail, SME, corporate, and high-net-worth clients in Thailand. The group offers deposit products including current accounts, savings accounts, and term deposits; retail loans such as hire-purchase financing for new and used automobiles, motorcycles, machinery, and equipment, mortgage loans, home equity loans, land title deed loans, title loans under brands like TISCO Auto Cash and Somwang, and loans against inheritance pensions; consumer finance via subsidiaries like Hi-Way Co., Ltd. and TISCO Tokyo Leasing Co., Ltd.; commercial lending for SMEs including inventory financing, working capital loans, and hire-purchase for trucks and medical equipment; corporate lending encompassing revolving credit, project and term loans, guarantees, avals, and financial advisory; bancassurance covering life, health, critical illness, accident, auto, home, and business insurance through an open architecture platform; wealth and asset management services like provident funds, mutual funds, private funds, stock brokerage for individuals and institutions, depository services, and holistic financial planning; investment banking including M&A advisory, underwriting, and IPO services; as well as digital solutions such as mobile banking, TISCO My Car app, and TISCO Check Hai Sure for credit assessment. In recent developments, TISCO expanded its Somwang microfinance branch network to 808 locations nationwide by end-2024 to boost auto title loans, launched Advisory Branches for mass affluent clients emphasizing lifelong financial planning and critical illness coverage partnerships with hospitals, collaborated with technology providers to integrate AI for risk assessment and personalized recommendations under the New Way of Work initiative, extended hire-purchase services to electric vehicle distributors like CHANGAN, AION, and GEELY, introduced digital tools like TISCO Auto Cash Delivery and debt consolidation campaigns, participated in the You Fight, We Help debt relief project, and acted as lead underwriter for IPOs including NEO Corporate while enhancing TISCO Securities' digital platforms and research capabilities.