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Siam General Factoring Plc (SGF), the Thai factor, has reported a net profit of Bht 86.33m for second quarter 2004. However SGF is struggling with its core business. In second quarter 2004, it reported a decrease in factoring income of...
#leasing
Dhanamitr Factoring Plc plans to go public in the next few months to raise funds through an initial public offering…
On 19 July the Central Retail Corp and Central Department Store respectively sold their 50 per cent and ten per…
#SEC#WHO
The SME Development Bank and the Bank for Agriculture and Agricultural Co-operatives yesterday agreed to offer financial support under the…
Kasikornbank Plc (KBANK), Thailand’s third-largest commercial bank, said that it has taken steps to encourage small and medium-sized enterprises (SMEs)…
#bank#cash management#international
The Bank of Thailand will finalise the timeframe under which local commercial banks must comply with the new Basel capital…
“In line with the country’s continued economic recovery in 2003, the factoring industry achieved growth…” To read the World Factoring…
#economic recovery#factoring industry#World Factoring Yearbook
Kasikornbank Plc (KBANK said yesterday it was still undecided about the possible acquisition of a finance, securities and leasing company,…
Kasikornbank plans to increase its lending activities to small- and medium-sized enterprises (SMEs) by participating in various government support programmes.…
The Export-Import Bank of Thailand has announced that its first-quarter 2004 profits amounted to 141 million baht (US$3.5m), an increase…
#bank#Exim Bank
The 22bn baht purchase of an 80 per cent stake in the Bank of Asia by United Overseas Bank (UOB),…
#acquisition#bank#banks
A group of small- and medium-sized enterprises (SMEs) has formed an alliance to pool resources and share strengths in order…
The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a…
#bank#exporters#interest rates