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SME Development Bank joins the 2nd big festival Samui Festival, celebrating the 120th anniversary of Koh Samui, supporting Thai SMEs, promoting community tourism businesses

Mr. Mongkol Leelatham Managing Director Small and Medium Enterprise Development Bank of Thailand (SME Development Bank or SME Bank) revealed that the bank supported the management of the big festival “Samui Festival No. 2” to celebrate the 120th anniversary of Koh Samui. Which is considered another highlight festival of Surat Thani province. That stimulates both Thai and foreign tourists to travel to Koh Samui by taking place between 7-11 September at Koh Samui, Nathon Beach, Chaweng Beach and Bophut.

The Bank joins forces to organize activities to support SMEs entrepreneurs to create market opportunities. Encourage entrepreneurs’ potential Bringing bank customers to more than 30 shops selling products and products, finding good products with outstanding designs and uniqueness, such as Orapin Jewelry Shop. Selling silverware, colored stones, Boon Khum Thai silk shop selling silk Finished cotton fabrics, Gayoon Pak Nok Shop Selling weaving machines Processed loincloth, Khao Sok Rain Forest Resort, Khao Sok Green Valley Resort, 500 rai raft, etc., to push for creating a career, generating income in the community, allowing SMEs to develop local products. Sustainable business development and is famous abroad

as well as providing opportunities for SMEs entrepreneurs to have access to low-interest funding sources by raising a team of officers ready to provide advice and advice Ready to apply for a loan at the event at the SME Development Bank booth in the multipurpose pavilion. Chaweng Beach and Nathon Beach, especially “Loan to support tourism businesses and community tour operators” for individuals Borrow up to 5 million baht Juristic person Borrow up to 15 million baht Loan term of 7 years Interest rate MLR per year (guaranteed by TCG) Year 1 Interest rate MLR -1.5% per year Year 2 Onwards, the interest rate is MLR -1.0 percent per year (in case of using collateral according to the bank’s criteria)

Meet at the event “Samui Festival” (Samui Festival) during 7-10 September 2017 time 10.00-17.30 or interested entrepreneurs. Ask for information at Bank of Thailand, Koh Samui branch, Tel. 077-427286-7, 085-9808066 or contact Bank of Thailand, all branches nationwide, Call Center, call 1357 and follow the news of the Bank of Thailand via facebook.com/SMEDevelopmentBank

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