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.
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
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.
Referral and cross-selling should be primary strategic tools for growing business volume and expanding market reach. The stronger players from bank and bank affiliates will put pressure on existing non-bank