To support job creation and strengthen economic inclusion in Thailand, IFC is providing a US$105m loan to Thai Credit Retail Bank Public Company Limited (Thai Credit), a bank focusing on micro, small, and medium enterprises (MSMEs) in Thailand.
Proceeds from the loan will be used to support MSMEs in Thailand, with at least 50 per cent earmarked for women-owned or led MSMEs (WMSMEs). The funding will also help Thai Credit broaden its non-financial services (such as training on financing or networking) that are tailored towards WMSMEs.