Aeon Credit expected to expand into used-car, equipment financing


KUALA LUMPUR: Aeon Credit Service (M) Bhd is expected to venturing into new growth areas such as used-car financing and equipment financing for small and medium-sized enterprises, according to RAM Rating Services Bhd.

The ratings agency said on Wednesday while diversification was viewed favourably, it was cognisant of the credit and operational risks arising from these new businesses.

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