Siam Commercial Bank yesterday announced that it would set up a new business unit to offer factoring services to small businesses.
A planned merger between Siam General Factoring (SGF) and Advance Finance has been derailed.
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) is set to issue foreign currency-denominated debentures worth up to eight billion baht (US$209m) to fund its expansion into providing export-import financial services.
Siam City Bank introduced SCIB-S, a commercial loan product aimed at small businesses and entrepreneurs.
Kasikornbank Plc plans to expand aggressively into the small- and medium-sized enterprises (SMEs) base by setting a target to lend more than 320 billion baht to the group this year.
The Small and Medium Enterprises Development Bank of SME Bank announced its lending plan in accordance with the government's policy to develop and strengthen small and medium enterprises.
The Export-Import Bank of Thailand (Exim Thailand) said its 2004 unaudited net profit fell by 33 per cent compared to the previous year.
The Export-Import Bank of Thailand has restructured its core functional units, aimed at developing small- and medium-size enterprises (SMEs) in compliance with the government’s policy on SME promotion.