ICBC (Thai) Leasing Co., Ltd. (formerly known as Leasing Sinn Asia Co., Ltd – LACL) is a company limited established under Thai law. It was registered as a company limited with the Ministry of Commerce on 27 May 2548 (company registration number: 0105548069674). The company specializes in providing both hire purchase and leasing services for personal cars, commercial cars, vehicles for large transportation, as well as commercial machinery and equipment.
The company is a subsidiary of ICBC (Thai) Bank PLC, formerly known as ACL Bank Public Company Limited which was granted a commercial bank license by the Ministry of Finance on 23 December 2005. 97.98% of the total shares is owned by Industrial and Commercial Bank of China Limited (ICBC). It is a commercial bank established under the law of People's Republic of China with the largest market capitalization in the world (based on total market value of common stock, deposit base, net profit)
Since ICBC (Thai) Leasing Co., Ltd. has been founded, it has expanded its regional hubs apart from its headquarter in Bangkok and a business office in Ratchaburi into 7 provinces: Lop Buri, Nakhon Ratchasima, Chon Buri, Chiang Mai, Phitsanulok, Khon Kaen, Hat Yai (Song Kla) The registered capital of the company is 8,000 million baht.