SCIB to lend Bt16 bn to SMEs

 CEO Chaiwat Utaiwan said the Surat Thani centre should be able to extend Bt1.5 billion of loans per annum, and within 3 years its client base should cover at least 1,500 new SMEs. Thanks to the four centres, the bank loaned Bt15 billion in the last nine months of last year, or a 16.8 per cent growth rate.

 He admitted that loan extension in the first half may slow, but could pick up in the latter half.