Monday, 22 April 2024

The Best SME Bank in Thailand is KASIKORNBANK

5 min read

By The Asian Banker

The winning bank solidified its leading SME banking position in the Thai market with a robust financial performance on the back of its improved digital capabilities and expanded digital foot print. With the help of an e-commerce platform partner, the bank was able to help online merchants to secure financial credits and to see their businesses thrive in the wake of pandemic. The partnership was able to realise $70 million (THB 2.5 billion) loan bookings. The bank also posted double-digit SME business contribution to total income. It also managed to improve its cost-to-income ratio from SME business by 11% in 2021.

For expanding its footprint by bringing full suite of solutions to SME customers, the Best SME Bank in Thailand is KASIKORNBANK.

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