Small and Medium Enterprise Development Bank of Thailand (SME D Bank) plans to focus on investments in promising bio-, circular and green (BCG) SMEs and startups this year, according to president Nartnaree Rathapat.
The move is in line with the government’s policy to have state banks provide financial support to SMEs, considered one of the country’s economic pillars.
The bank set up two private equity trust funds, one worth 1.42 billion baht and the other 602 million baht, to invest in SMEs and startups.
SME D Bank expects to invest the 2 billion baht by 2025, with 400 million baht slated for spending this year. Of the 400 million…
