Thanachart trade finance volume picks up

Trade finance transaction volume at Thanachart Bank (TBANK) has tripled since The Bank of Nova Scotia took a 24.98% stake in the Thai lender early last year.

SME Bank to grant Bt31.5 bn loans this year

SME Bank aims to grant loans of Bt31.5bn this year, up from Bt20bn last year. Due to the economic slowdown, commercial banks were tougher in extending credit to SMEs.