Bangkok Bank, led by Director and Executive Vice President Dr. Thaweelap Rittapirom and Executive Vice President Pochanee Kongkalai, welcomed Deputy Prime Minister and Commerce Minister Jurin Laksanawisit, Deputy Interior Minister Nipon Bunyamanee, Songkhla Governor Jaruwat Kliangklao, President of Money Expo Santi Viriyarangsarit, and Co-President of Money Expo Pakanee Viriyaangsarit who visited the Bank’s booth at “Money Expo Hatyai 2020”. The event features a variety of financial products and services from the Bank and its partners to offer financial experiences in the New Normal era to help customers get through the current coronavirus crisis as a trusted partner.
Bangkok Bank Director and Executive Vice President Dr. Thaweelap Rittapirom said, “Bangkok Bank is proud to join “Money Expo Hatyai 2020” under the concept of “Bangkok Bank Wealth Journey” to provide financial products and services for customers in Hatyai and neighboring provinces including savings, investment advice, loans and supportive measures for those affected by the COVID-19 outbreak, from Bangkok Bank financial experts and leading partners.”
This year, the Bank offers a variety of products and services including loans, insurance, credit cards, deposit accounts and property for sale. The Bank also provides digital financial experiences in a cashless society that will help consumers manage their finances more conveniently and quickly. These products include Bangkok Bank Mobile Banking, a new mobile phone app experience on a new system with long-awaited latest features such as cardless withdrawal, and BeMerchant NextGen – an app for merchants that enables customers to make cashless payments via QR Code.
In addition, the Bank is offering products that increase the potential for wealth generation and deal with risks in uncertain situations covering investment, credit, and insurance. These products include mutual funds; Super Savings Fund (SSF) – a long-term investment strategy with tax benefits; Bualuang Extra Savings Account – a deposit account that offers both savings and accident insurance coverage; credit cards; the Be1st Smart card that allows cashless transactions to operate securely; Bancassurance; and Bualuang Property and SME loans.
This year's promotional activities include free medical check-ups from Hatyai Hospital and e-Stamp collection by registering to join the event via QR Code or applying for products and services at the event. These activities are organized to offer digital experiences in line with the New Normal era while creating a fun atmosphere by providing special prizes and gifts for customers at the event, including:
- One “Fabric Bag Limited Edition” worth 85 baht when registering for the event via QR Code and adding Bangkok Bank LINE Official. In addition, get a special gift such as an umbrella worth 250 baht or a multi-purpose box worth 250 baht, when applying for the Bank’s products that meet the conditions through e-Stamp collection
- One gift voucher worth up to 1,000 baht when applying and paying for life insurance premiums according to the conditions
- One “Tote Bag Limited Edition” worth 195 baht when applying for BeMerchant NextGen
- One “Blue Bag” worth 390 baht, plus a free survey and assessment fee worth 3,210 baht and a credit management fee when booking properties for sale at the event
- More “Rewards” when applying for Bangkok Bank Mobile Banking and entering a special code on the mobile app
- One “Welcome Gift Limited Edition” from LINE FRIENDS worth 890 baht and a discount coupon worth 500 baht every month via Rabbit LINE Pay when applying for the Be1st Smart Rabbit LINE Pay Card
- One eco bottle worth 259 baht when applying for Be1st Smart TPN Rabbit Siriraj and Be1st Smart TPN Mastercard and paying the fee at the event
“Mainly driven by trade and tourism, Hatyai's economic growth has been negatively affected by the COVID-19 situation. The Bank aims to be more proactive to reach out to new customers such as wealth customers and entrepreneurs, to offer them products that meet their needs such as home loans, insurance, bancassurance and mutual funds with special pre-sale promotions. The Bank would like to invite customers to join “Money Expo Hatyai 2020” to experience various products and services and introduce other potential products in wealth management. Despite the fewer number of people joining the event this year, we are confident that we will achieve our targets.”
Dr. Thaweelap added that for the safety of attendees, the Bank organized the event with measures to prevent the spread of COVID-19 in accordance with the rules of the Centre for COVID-19 Situation Administration (CCSA). Everyone inside the booths will wear masks and face shields and there is hand sanitizer available, while tables and chairs are set up in line with social distancing rules.
The Bank has launched measures to help debtors overcome the COVID-19 situation by providing useful advice and guidelines to ease the burden of retail customers and SMEs. Supportive measures for Bualuang loan and unsecured personal loan customers include a 3-month loan holiday and at least a 30% reduction in installments. The bank is also helping ease the burden of retail customers by reducing the minimum installment payment rate from 10% to 5% for all types of Bangkok Bank credit cardholders. Customers could ask for advice on the various measures as well as financial planning directly from bank staff and partner companies at the event.
Furthermore, business customers who use the loan services of Bangkok Bank and other financial institutions with a credit limit of 50-500 million baht can apply for the BOT’s DR BIZ project. Bangkok Bank joined the project that aims to increase the efficiency of debt management for all financial institutions in an integrated and comprehensive manner. The project, which helps customers to survive the current challenging situation, includes measures such as fixing old debt such as reducing installment payments, extending debt repayment periods, adjusting conditions to suit customer needs, and setting the appropriate grace periods and installment periods. In addition, the project also provides new loans to promising debtors with a clear business plan, intention to conduct business seriously, and good debt repayment behavior to help their business move forward. The DR BIZ project is open for applications until December 31, 2020. Those interested in participating in this project can ask for more information at the Bangkok Bank booth at the event.
“The current challenging situation has resulted in consumers adjusting their behavior to the New Normal era, whether it is receiving information through online media or using digital platforms as the main channel for transactions. Studying and understanding consumer data and insights in the past seven years has enabled the Bank to target consumers with products that suit their needs. During the COVID-19 situation, people are increasingly paying attention to financial planning, which is not only about creating wealth but also ensuring security under rapidly changing global circumstances. Therefore, the Bank and our subsidiaries offer a wide range of products to meet the needs of customers including those who want to save money, to invest in various ways, who need access to credit, and those affected by the COVID-19 situation who want to access banking assistance measures. The Bank also offers real-time access to the same products, services, and promotions on the organizer's online website,
www.moneyexpoonline.com to provide greater convenience to consumers in Songkhla and other interested persons throughout the country,” added Dr. Thaweelap.
Visitors to the Bangkok Bank booth could inquire about products and services, request financial and investment advice, apply for services, and receive promotions and special souvenirs. Money Expo Hatyai 2020 is held from November 13-15, 2020 at Hatyai Hall, the 5th Central Festival Hatyai.
