SME Bank targets 20 firms to join new trust fund this year

The Small and Medium Enterprise Development Bank of Thailand has launched the SMEs Private Equity Trust Fund, with an initial four small and medium-sized enterprises selected to join the bank's joint-venture capital fund that had a TBT500m budget for the first round

StanChart finalises BPO transaction under new standards

Standard Chartered has completed a trade finance transaction with a bank payment obligation (BPO) under the Uniform Rules for BPO (URBPO) for PTT Polymer Marketing (PTTPM), a leading polymer sales and marketing company in Thailand.

SME Bank seeks government guarantees

The Small and Medium Enterprise Development Bank (SME Bank) in Thailand is seeking the Finance Ministry's guarantee for its planned bond issuance worth up to 10 billion baht as part of its business rehabilitation plan, according to president Manoonrat Lertkomolsuk.