Thailand

Kasikornbank launches four new SME loan schemes

Kasikornbank has expanded credit lines to small and medium-sized enterprises (SMEs) with four new loan schemes worth

Kasikorn Bank aims to increase SME finance market share

Kasikorn bank has announced it plans to gain a 30 percent share of the Thai SME finance market over the next three years by

Factoring firm plans IPO

IFS Capital, a factoring and financing company, has announced plans to raise at least 200 million baht in an initial public offering

Kbank to take over Kasikorn’s SME factoring service

Kasikorn Factoring Co. Ltd are to hand over their SME factoring service to parent bank Kasikornbank (Kbank) next year, the Bangkok post reported today. Aiming to double their business volume over the next three years, the Kbank subsidiary intend to concentrate their efforts on their machinery and equipment leasing business

FTI proposes a state SME Fund

The Federation of Thai Industries (FTI) will discuss setting up a state fund to provide financial assistance to SMEs

SME Bank increases maximum loan rate

The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has resolved to raise the maximum rate of SME loans

SME Bank provide funding

In an attempt to assist cash-strapped SMEs, the Thai Industry Ministry will cooperate with the SME Bank to lend a minimum of EUR126m during Q3

Banks to lend government funds on to SMEs

The Thai government is extending 20.5 billion bath to six state-owned banks with the intention of them providing assistance to SMEs, specifically those within the export, housing and farm sectors.

Bankers association cuts prepayment for SMEs

The Thai Bankers Association last week agreed to reduce prepayment fees for small and medium-sized enterprises.

Development Bank of Thailand extends SME funding

The Small and Medium Enterprise Development Bank of Thailand conducted a roadshow in Chiang Mai on Sunday for small operators seeking easier access to liquidity.