Policy and Business Overview

Ratchthani Leasing Public Company Limited operates loan service business in hire purchase and finance leasing for new and old private automobiles, focusing on commercial vehicles, such as pick up, taxi, tractor and truck, etc. The Company also conducted business related to hire purchase and leasing assets.


Ratchthani Leasing Public Company Limited was established on 2nd June 1988 under the original name of “Ratchthani Leasing Co., Ltd.”, with an initial capital of 6 Million Baht. The initial business aimed at the hire purchase loan services for second hand automobiles. Since its establishment, the Company has been increasing its registered capital for the business expansion. Its registered capital was raised to 36 Million Baht in the first year and to 56 Million Baht and 168 Million Baht in 1992 and 1995 respectively.

During the initial stage of business, the Company focused its business on hire purchase loan for second hand automobiles, both to individual retail customers via second hand car dealers and to second

hand car dealers as a floor plan credit for their purchase of used cars for sales. The proportion of both customer groups was about the same in the past. However, in 2006, the Company stopped the floor plan

credit business since it had the purpose of maintaining the Company’s market shares and market expansion in the first place rather than making profits as the main business.

Since 2000, the Company has applied for membership of Thai Hire- Purchase Association to obtain the information of the second hand automobile market for the benefits of the Company’ s business

operations. Currently, the Company’ s Credit Analyst Department and Marketing Department, with experiences in second hand automobiles, are responsible for recruiting new customers. They have built

good relationship with many automobile dealers and regularly visit second hand automobile dealers who are the Company’s partners. The Company’s partners must be considered and get approval before being

the partners according to the Company’s criteria and procedures.

Key Development


The Company registered to be the public company and changed its name to “Ratchathani Leasing Public Company Limited” in August and certified to be the listed company on the Stock Exchange of Thailand on December 19, 2002.


After holding of 39.76% of the paid-up capital, Siam City Bank Public Company Limited appointed its representation to be the Director of the Company for 4 persons according to its ratio after acquisition of securities.


After purchasing the common shares of the Siam City Bank Public Company Limited from the Financial Institutions Development Fund, it resulted that Thanachart Bank Public Company Limited became the major shareholder instead of the Siam City Bank Public Company Limited which held 48.35% of shares of paid up capital.


The Company registered the increased capital with the Ministry of Commerce from the previous registered capital at the amount of Baht 904,853,296 to the new registered capital of Baht 1,342,349,708. Such capital increase was done by offering to the existing shareholders. As a result, Thanachart Bank Public Company Limited became the major shareholder of the Company by holding 874,973,000 shares, or 65.18% of paid up capital.


The Company was certification for membership of Thailand’ s Private Sector Collective Action Against Corruption (CAC), together with Thanachart Capital Public Company Limited and 10 companies of Thanachart Group.


The Company’ s result of Corporate Governance 2015 evaluation was “ Very Good” in the Corporate Governance Report of Thai Listed Company: CGR by Thai Institute of Directors.


The Company received the Best Company Performance Award 2016 and was considered to be a candidate for the Further Best Company Performance Award in “ SET Award 2016” organized by SET and Money and Banking Magazine.and the Company’s credit rating was upgraded from “BBB+” to “A-”, “Stable” outlook, from Tris Rating Co., Ltd.


The Company was selected to be the securities element of SET 100 Index and SETHD (SET High Dividend 30 Index) for 2017


The Company invested in RTN Insurances Brokers Co., Ltd. (“RTN Insurances Broker”) which conducts non-life insurance, life insurance, and related business, accounting for 100% of total paidup capital (including direct and indirect shareholding.) The objective was to provide services to hire purchase customers and financial leasing customers of the Company to satisfy their needs and sustain customer service efficiency. This would support the Company to provide the full services in hire purchase and financial leasing services business, leading to the continuous and steady growth.


A premier company providing credit loan for commercial vehicles, other vehicles and property including one-stop service to satisfy the customers’ need covered all provinces in Thailand Mission



To operate efficiently and transparently with sustainable growth to maximize great operation results and returns to shareholders continually.


To emphasize on human resources development to enhance their potential and skills in order that they work professionally with integrity, ethics in their career, including providing remuneration to maintain well-qualified employees for working at the Company.


To create confidence, good relationship, rapid services to business partners and provides reciprocal business returns fairly to enhance business collaboration effectively in the long term.


To provide the product and services development being excellent to satisfy the target customers’ need and maximize the most consummate satisfaction.


The Company has committed to conduct its business with good corporate governance, integrity and against all forms of corruption in order to be responsible for social and jointly develop the country’s economy.


The Company has committed to conduct its business with responsibility to resources and the environment, including participation in the conservation and treatment of ecological damage

Core Values

To achieve its mission and vision with appropriate approach efficiently, the Company has defined its core values or C3 SIP to its all employees to understand and implement. The Company’s core values, which are the belief and commitment of each employee acting during operation and providing services to customers, are as following:

Customer Focus

We are aware of the importance of customers’ needs and commit to providing services development being excellent to maximize the most consummate satisfaction.


We will collaboratively work as a team.


We will commit to operate for achieving the goal and responsible to performance.


We are dedicated on working.


We will adhere on integrity, transparency, and anti-corruption.


We must have knowledge, skills, and competence appropriately to performance.

Organization Chart

December 25, 2019

Board of Directors

January 14, 2020

Mr. Virat Chinprapinporn


Mr. Kovit Rongwattanasophon

Director/ Managing Director

Mr. Charoensuk Kijitti


Mr.Somjate Moosirilert


Mr. Anuwat Luengtaweekul


Mr. Pompet Rasanon


Mr. William George Said


Dr. Thakol Nanthirapakorn

Independent Director/ Chairman of Audit Committee

Mr. Surapon Satimanont

Independent Director/ Member of Audit Committee

Mr. Varavudh Varaporn

Independent Director/ Member of Audit Committee

Mr. Suvit Arunanondchai

Independent Director/ Member of Audit Committee

Dr. Naree Boontherawara

Independent Director/ Member of Audit Committee

Management Team

January 1, 2020

Name Position
1 Mr. Virat Chinprapinporn Chairman
2 Mr. Kovit  Rongwattanasophon Managing Director and Executive Chairman
3 Mr. Komsan Boonyoiyad Deputy Managing Director
4 Mr.Ponlaphe  Sakkayapapwicharnon Senior Assistant Managing Director
5 Mr.Jaturaput  Hnudang Assistant Managing Director
6 Miss Unchan Srisom Senior Vice President

IR Contact

Ratchthani Leasing Public Company Limited

77/35-36 Sinsathorn Tower, 11UP Floor,Krungthonburi Road., Kholngtonsai,

Khlongsarn, Bangkok 10600 Tel.02-431-9000 Fax.02-431-9099

Office of the Managing Director

77/35-36 Sinsathorn Tower, 11 Floor,Krungthonburi Road., Kholngtonsai,

Khlongsarn, Bangkok 10600 Tel.02-431-9000 Fax.02-431-9099

Email : rungtip_c@thani.co.th

Planning and Strategy

77/35-36 Sinsathorn Tower, 2 Floor, Krungthonburi Road., Kholngtonsai,

Khlongsarn, Bangkok 10600 Tel.02-431-9000 Fax.02-431-9099

Email : unchan_s@thani.co.th