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GE Capital's Thai subsidiary has forecast 20 percent growth in loan receivables this year, after recording 40 percent growth last year.
The company had about Bt88 billion ($2.23 billion) in loan receivables in 2003, giving it a market share of about 15.7 percent. Auto finance accounted for some 70 percent of receivables. It expects its customer base to grow from about 2.4 million in 2003, including about one million credit card customers, to three million by the...