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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...
Siam General Factoring Plc's purchase of Global Thai Finance will bring financial expertise to the former and a backdoor listing…
Many local businesses and institutions are not in a position to benefit from intellectual property (IP) because of their lack…
Siam City Bank has sold a 48.16 per cent stake (8,668,800 shares) held in Siam City Factoring at 0.35 bt…
#3M#bank
Fitch Ratings, the international ratings agency, has placed Bank of Asia’s long-term and short-term debt on negative watch following news…
Finance companies have until mid-year to submit plans on whether they will upgrade to a full-service or retail banking licence…
#bank#financial services#management
Siam General Factoring Plc is to merge with Global Thai Finance Co through a 100-per-cent share swap in a move…
JCM Engineering Concept Co, a factory construction company, has set up an arrangement with banks to finance the building of…
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after…
#bank#debt collection#economy
The Siam Cement Group has expressed interest in a government initiative to establish trading companies to help promote small- and…
#interest#investment#smes
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) predicts its credit line will jump 28.5% to 36…
#bank#economy#financial institution
State-owned Siam City Bank (SCIB) will become a full service bank within the next three years, adding subsidiaries during that…
Kasikornbank has joined with the Export Promotion Department to offer financial support to entrepreneurs under the One Tambon, One Product…