Sunday, 27 November 2022

The Best SME Bank in Thailand is KASIKORNBANK

5 min read

By The Asian Banker

The winning bank solidified its position with robust financial performance in SME business on the back of its improved digital capabilities and expanded digital foot print. With the help of 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 $65 million (THB 2.3 billion) loan booking with net profit of almost $3 million (THD 107 million). 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 12% 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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