Most loans being issued by the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) are to increase liquidity, with only a few for investment as entrepreneurs are still concerned about the unclear political situation, according to president Nartnaree Rathapat.
She said that in the first half of this year, the bank issued loans amounting to 31 billion baht, and the level was expected to reach around 70 billion baht for the whole of 2023, slightly higher than the total of 68 billion baht last year.
The majority of loans issued during this period were to help increase SMEs’ liquidity as they weather the current economic slowdown, while loans for investments to expand and improve business are still limited as entrepreneurs are concerned about political…
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