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.

Commercial banks jockey for loans to SMEs

Some banks have cut their profit margins on loans to small- and medium-sized enterprises (SMEs) in the face of strong competition, according to a financial source.

Banks shift focus to SMEs

Wider interest margins, stronger growth prospects and lower provisioning burdens have led local banks to shift their focus away from large corporate clients to small- and medium-sized companies (SMEs).

IFS Capital seeks to list on SET

IFS Capital (Thailand) aims to become the market leader in the factoring sector and plans to list on the Stock Exchange of Thailand in the fourth quarter. The local unit of the Singapore-based

SMEs may be allowed to borrow on inventory

The government is being urged to amend the Business Security Act to allow small and medium-sized enterprises to use their accounts receivable and inventory as collateral for bank loans.