Group Lease Public Company Limited or GL was established on May 6, 1986, undertaking automobile hire purchase business in Bangkok and upcountry. During the year 1990, the new group of shareholders acquired the business from the existing shareholders, and focus on the hire purchase business of motorcycles while slowing down the automobile hire purchase. After that the Company had expanded hire purchase of other things such as trucks, machineries, printing presses as well as the financial leasing, factoring contracts, asset financing and personal loans. Since the year 2004, the core business of the Company had been concentrated on hire purchase of motorcycles only.In 2007 the new shareholder APF group had done Take Over Bid in the stock market and became the major shareholder until now. From 2011 the company had reform the managements and started the rapid expansion to ASEAN market and started a creation of new business model in Cambodia. Now the business model has shifted into ‘Digital Finance Platform Provider’ which creates a new market especially for the consumer durable suppliers and consumers through GL’s own distinctive Platform which is an original combination of POS network and E-Finance system network.PT Group Lease Finance Indonesia has been set up since January 2016 which main objective is to provide easy-to-access financial support for the Indonesian people who live in rural areas, located far from existing banking networks.We set up very simple light assets, POS, in merchants / stores in rural areas to expand quickly.
Group Lease Public Company Limited or GL was established on May 6, 1986, undertaking automobile hire purchase business in Bangkok and upcountry. During the year 1990, the new group of shareholders acquired the business from the existing shareholders, and focus on the hire purchase business of motorcycles while slowing down the automobile hire purchase. After that the Company had expanded hire purchase of other things such as trucks, machineries, printing presses as well as the financial leasing, factoring contracts, asset financing and personal loans. Since the year 2004, the core business of the Company had been concentrated on hire purchase of motorcycles only.In 2007 the new shareholder APF group had done Take Over Bid in the stock market and became the major shareholder until now. From 2011 the company had reform the managements and started the rapid expansion to ASEAN market and started a creation of new business model in Cambodia. Now the business model has shifted into ‘Digital Finance Platform Provider’ which creates a new market especially for the consumer durable suppliers and consumers through GL’s own distinctive Platform which is an original combination of POS network and E-Finance system network.PT Group Lease Finance Indonesia has been set up since January 2016 which main objective is to provide easy-to-access financial support for the Indonesian people who live in rural areas, located far from existing banking networks.We set up very simple light assets, POS, in merchants / stores in rural areas to expand quickly.
Group Lease Public Company Limited or GL was established on May 6, 1986, undertaking automobile hire purchase business in Bangkok and upcountry. During the year 1990, the new group of shareholders acquired the business from the existing shareholders, and focus on the hire purchase business of motorcycles while slowing down the automobile hire purchase. After that the Company had expanded hire purchase of other things such as trucks, machineries, printing presses as well as the financial leasing, factoring contracts, asset financing and personal loans. Since the year 2004, the core business of the Company had been concentrated on hire purchase of motorcycles only.In 2007 the new shareholder APF group had done Take Over Bid in the stock market and became the major shareholder until now. From 2011 the company had reform the managements and started the rapid expansion to ASEAN market and started a creation of new business model in Cambodia. Now the business model has shifted into ‘Digital Finance Platform Provider’ which creates a new market especially for the consumer durable suppliers and consumers through GL’s own distinctive Platform which is an original combination of POS network and E-Finance system network.PT Group Lease Finance Indonesia has been set up since January 2016 which main objective is to provide easy-to-access financial support for the Indonesian people who live in rural areas, located far from existing banking networks.We set up very simple light assets, POS, in merchants / stores in rural areas to expand quickly.