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Kasikornbank Set to Increase Small, Medium Enterprise Lending.

Bangkok Post (Bangkok, Thailand)

| June 05, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Parista Yuthamanop

Jun. 5--Kasikornbank plans to increase its lending activities to small and medium-sized enterprises participating in various government support programmes.

The bank intends to focus on companies with annual sales under 50 million baht, said Pipit Aneaknithi, a first vice-president for Kasikornbank's retail business group.

Loan programmes such as mini-shop financing of 500,000 to one million baht would be offered to encourage new entrepreneurs. Other loan programmes would target the poultry and jewellery sectors.

The bank has already extended some 100 million baht in loans to around 100 companies producing ...

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Source: HighBeam Research, Kasikornbank Set to Increase Small, Medium Enterprise Lending.

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