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Tuesday, April 23, 2024

TCG lends a helping hand to small business

TCG lends a helping hand to small business

New president says company is shifting tack to engage with SMEs, writes Wichit Chantanusornsiri

Mr Sittikorn says TCG set a credit guarantee target of 120 billion baht this year.

Thai Credit Guarantee Corporation (TCG), a state-owned specialised financial institution, is capitalising on digital technology and new strategies to help more small and medium-sized enterprises (SMEs) access loans from financial institutions.

New TCG president Sittikorn Direksoonthorn said his goal is to increase the number of SMEs that can access loans from financial institutions this year to at least 40% of total SMEs in Thailand, which are estimated to…

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