September 23, 2014 12:48 PM ET

Thrifts and Mortgage Finance

Company Overview of Small and Medium Enterprise Development Bank of Thailand

Company Overview

Small and Medium Enterprise Development Bank of Thailand, a financial institution, develops, promotes, and assists small and medium enterprises in the establishment, operation, expansion, and improvement of their businesses. It offers loans, guarantees, credit services, venture capital, counseling, and other services. The company also provides training services, such as POS system training for small retail business, tax laws and planning training for small and medium entrepreneurs, market research and new product development training, product distribution and public relation strategic training, intellectual property management training, and financial management training. Small and Medium Ent...

475 Sri Ayudhaya Road

Siripinyo Building

9th Floor

Rajtavee

Bangkok,  10400

Thailand

Founded in 1964

Phone:

66 2 201 3700

Fax:

66 2 207 3723

Key Executives for Small and Medium Enterprise Development Bank of Thailand

Compensation as of Fiscal Year 2014.

Small and Medium Enterprise Development Bank of Thailand Key Developments

Sukhumvit Asset Management In Talks To Acquire Bad Loans Of SME Bank

Sukhumvit Asset Management Co. Ltd. (SAM) is in talks to acquire distressed debts worth THB 20 billion of Small and Medium Enterprise Development Bank of Thailand. Chookiat Jittimaitriskul, President of Sukhumvit Asset Management, said that SAM has expressed interest in buying all the non-performing loans of SME Bank. Chookiat Jittimaitriskul said, “We've positioned ourselves as the government's instrument for bad asset management. But the asset valuations will be in line with market prices, just as with private bad asset purchases.”

Islamic Bank of Thailand, SME Bank And GHB To Sell Non Performing Loans

The Islamic Bank of Thailand, Small and Medium Enterprise Development Bank of Thailand and Government Housing Bank are in the process of selling non performing loans worth more than THB 20 billion in total. The Islamic Bank of Thailand is negotiating with Sukhumvit Asset Management Co. Ltd. to sell THB 5 billion worth of non performing loans. Small and Medium Enterprise Development Bank is selling THB 3 billion worth of non performing loans to Sukhumvit Asset Management. Similarly, Government Housing Bank is planning to sell THB 8 billion worth of non performing loans to Bangkok Commercial Asset Management Company Limited.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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