Thailand

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.

Kasikorn Asset Management expects to receive regulatory approval to set up its new Khao Kla fund, a venture-capital fund aimed at small- and medium-sized enterprises (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 (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 gross domestic product (GDP) created by small and medium-sized enterprises will expand by 4-5% this year to around 3.3 trillion baht despite various risk factors.

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.

The Stock Exchange of Thailand (SET) suspended trading in Siam General Factoring pending a decision on whether the firm's financial status is a cause for delisting. The company's

The state-owned bank has introduced a new financing facility for export service providers. Previously, the Exim Bank had offered loans only on a case-by-case basis

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

The Export-Import Bank of Thailand (Exim) voiced readiness to support expansion of commercial ties with Iran