As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and lack professional management discipline. Important to lenders, their historical rates of default are high. In addition, relatively smaller loan and deposit account balances, as well as high service needs, have made SMEs far less attractive than their larger corporate brethren…until recently.
To read this article by Douglas Jackson, a Senior Manager in A.T. Kearney's Bangkok office and John Meinhold, the Head of A.T. Kearney's Asian Financial Institutions Practice go to Thailand – Articles – 22 April 2004.
Source: Bangkok Post
