KBank: innovation development to grow Thai SME businesses

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BANGKOK, 4 September 2014 –The Chairman of the Board and Chief Executive Officer of Kasikorn Bank strongly believes that Thai SME businesses will grow due to the development of innovative products.

Mr. Banthoon Lamsam, Chairman and Chief Executive Officer, said of the government’s SME promotion policy, in the seminar of ‘Thai SME Promotion to AEC’, that the policy is helpful but that entrepreneurs still have to develop the qualities of their products and innovations, to make the products more interesting.

Meanwhile, the credit summary this year is expected to grow by 8-9 percent due to the government’s investment promotion policy which seeks to reflect economic growth.