Showing 21 - 30 of 1,212
Banks to cut rates by 25 bps for 'vulnerable groups'
Reuters, Published on 25/04/2024
» Banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the Thai Bankers Association (TBA) said on Thursday, responding to a government request to help small businesses.
Central bank urges banks to help vulnerable
Business, Somruedi Banchongduang, Published on 25/04/2024
» The Bank of Thailand (BoT) is allowing commercial banks to adapt their business models to help vulnerable customers, in response to the prime minister's directive urging large local banks to lower lending interest rates for vulnerable groups and small businesses.
UOB eyes partners to help SMEs hit sustainability goals
Business, Somruedi Banchongduang, Published on 06/04/2024
» UOB Thailand has teamed up with the government and private sector to assist local small and medium-sized enterprises (SMEs) in their transition towards business sustainability.
UOB Thailand announces its Sustainability Innovation Programme 2024
Published on 05/04/2024
» UOB Thailand on April 4, 2024, announced its Sustainability Innovation Programme (SIP) 2024. SIP aims to support Thai small and medium-sized enterprises (SMEs) across all sectors to incorporate sustainability into their businesses by leveraging UOB FinLab’s extensive network of public and private leaders, mentors, and SMEs.
Krungsri bullish on SME loan growth
Business, Somruedi Banchongduang, Published on 05/04/2024
» Bank of Ayudhya (Krungsri) is upbeat about achieving small and medium-sized enterprise (SME) loan growth of 2-3% this year, following an uptick in the first quarter as the Thai economy gradually recovers.
Thailand gains access to XTransfer platform
Business, Suchit Leesa-nguansuk, Published on 28/03/2024
» XTransfer, a Chinese fintech unicorn, has expanded its business-to-business (B2B) cross-border trade payment platform to Thailand to capitalise on global trade conducted by small and medium-sized enterprises (SMEs).
Ministry seeks to boost SME funding
Business, Phusadee Arunmas, Published on 28/03/2024
» The Commerce Ministry is pushing small and medium-sized enterprises (SMEs) to take advantage of the Secured Transaction Act by using assets with economic value such as machinery, high-value trees and intellectual property as collateral to secure loans.
Line proposes '4P' strategy to help SMEs post growth
Business, Komsan Tortermvasana, Published on 20/03/2024
» Line Thailand's commerce solution is using a "4P" strategy of platform, partner, programme and privilege to help small and medium-sized enterprises (SMEs) achieve sustainable growth amid changing consumer demand.
CIMBT intensifies drive to expand retail loan portfolio
Business, Somruedi Banchongduang, Published on 19/03/2024
» CIMB Thai Bank (CIMBT) is intensifying its efforts to expand its retail loan portfolio, with the aim of boosting returns in the business segment through both interest rate and fee-based income.
Allianz unit eyes 20% growth in corporate business
Business, Nareerat Wiriyapong, Published on 16/03/2024
» As the insurance industry expands, with new players entering the market and novel products being launched to capture consumer interest, insurance firms in Thailand have developed strategies to drive business growth.