Muangthai Capital Public Company Limited (MTC) is a leading non-bank financial institution in Thailand, specializing in microfinance services. Established in 1992, MTC's business model focuses on providing accessible and diverse financial products to underserved populations, particularly in rural areas.

Core Financial Products:

• Vehicle Title Loans: MTC offers loans secured by vehicle registrations, including motorcycles, cars, and agricultural vehicles. This product serves as the company's primary revenue stream. (investor.muangthaicap.com)

• Land Title Deed Loans: Loans secured against land title deeds, providing customers with additional financing options. (investor.muangthaicap.com)

• Personal Loans and Nano Finance: Unsecured loans designed for individuals and small businesses, catering to those who may not have collateral. (investor.muangthaicap.com)

• Hire Purchase Services: Financing for new motorcycles and other consumer goods, allowing customers to make installment payments. (investor.muangthaicap.com)

Strategic Initiatives:

• Branch Expansion: MTC has significantly expanded its branch network to over 7,600 locations nationwide, enhancing financial accessibility for customers in remote areas. (investor.muangthaicap.com)

• Technological Integration: The company is incorporating generative AI technology to improve service quality and operational efficiency, aiming to meet international microfinance standards. (bangkokpost.com)

• Global Partnerships: MTC has secured substantial financial backing from international institutions, including a $50 million investment from the International Finance Corporation (IFC) in a gender-inclusive social bond. This initiative focuses on providing loans to women-owned or led microenterprises, promoting financial inclusion. (ifc.org)

Financial Performance:

As of 2023, MTC reported revenues of approximately 20.07 billion baht and a net profit of 5.09 billion baht. The company's assets totaled 128.07 billion baht, with liabilities of 98.98 billion baht and shareholders' equity of 29.09 billion baht. (lssmedia.setlink.set.or.th)

MTC's business model emphasizes sustainable growth through product diversification, technological advancement, and strategic partnerships, all aimed at enhancing financial inclusion and supporting economic development in Thailand.