ME D Bank received a long-term credit rating from Fitch Ratings (Thailand) for 2023 at the level of “AAA(tha)”

SME D Bank received a long-term credit rating from Fitch Ratings (Thailand) for 2023 at the level of “AAA(tha)” and maintained a short-term credit rating of “F1+(tha)”, considered the highest credit rating in the country continuously. 11 years in a row, reflecting strong status and is an important mechanism of the government in driving policy to create opportunities for SME entrepreneurs to access services. “Filling capital for development partners”  pushes the Thai economy to grow.

Miss Narthanaree Rattapat, Managing Director The Small and Medium Enterprise Development Bank of Thailand or SME D Bank revealed that Fitch Ratings (Thailand) Company Limited announced the credit rating results of SME D Bank for the year 2023, maintaining its ranking within the country for a period of time. Long is at “AAA(tha)” with a stable credit rating outlook. and maintains its short-term credit rating at “F1+(tha)”, considered the highest assessment result for the country’s credit rating. Continuing for the 11th year (2013-2023)  reflecting Fitch’s view that SME D Bank is an important mechanism of the government. To drive policies to support and create opportunities for SME entrepreneurs to access financial services. Through various loan projects along with providing assistance to bank customers affected by the COVID-19 situation. in the past, such as debt restructuring, etc.

At the same time, Fitch mentioned that the status of SME D Bank is strong. Since it was founded Under a specific act to support government policy The Ministry of Finance holds 99.4% of the shares and has control over management and closely monitors operations. Both the Bank’s Board of Directors Including setting the direction of the organization and implementing strategies to support SME entrepreneurs. Fitch views that there is a high possibility that SME D Bank will receive support from the government in the event that there is necessity

Ms. Narthanaree said that SME D Bank, the bank for Thai SMEs Ready to side with SME entrepreneurs throughout their business journey Support through the process “Top up capital for development partners” in both the “financial” aspect, leading to access to funding sources With loan products covering all business groups Special interest rate Maximum loan amount of 50 million baht, installments for up to 15 years, along with “development” in cooperation with the public and private sectors. Organize training activities, seminars to raise the level of business Ready to provide advice and business guidance through the SME D Coach project by professional coaches. Helping SME entrepreneurs grow to their full potential. Increase competitiveness Stepping towards sustainable success

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