Bangkok: Three state-owned banks are joining forces for a major initiative aimed at supporting small and medium-sized enterprises (SMEs) in Phuket Province. This collaboration, titled "Bringing State Banks to Help the People," is set to offer special promotions that will enable SMEs to access low-interest funding. The joint effort is a comprehensive partnership between the Small and Medium Enterprise Development Bank of Thailand (SME D Bank), the Export-Import Bank of Thailand (EXIM BANK), and the Thai Credit Guarantee Corporation (TCG), all under the Ministry of Finance's supervision.
According to Thai News Agency, the event will be held on August 30, 2025, from 9:00 a.m. to 12:30 p.m. at the DATA THEATRE, Dara Hotel, Phuket. It aims to drive government policy and stimulate the domestic economy by providing services from these three financial institutions in a single location. SME entrepreneurs from Phuket and nearby provinces are invited to attend and benefit from the offerings.
Entrepreneurs attending the event will have the opportunity to listen to a special lecture by Dr. Paopum Rojanasakul, Deputy Minister of Finance. Attendees can also engage with the financial institutions, which will present special promotions. SME D Bank is offering a "Developing Capital Partners" program with a fixed interest rate of 3% per year for the first three years, with a repayment period of up to 10 years. Loans can be applied for on-site, and successful applicants will receive a gift voucher upon approval.
EXIM Bank is promoting its "EXIM Employment Promotion Loan Phase 3," designed to enhance liquidity for entrepreneurs. This loan offers a three-year fixed interest rate starting at 2% per annum, with a maximum loan amount of 50 million baht and a three-year repayment period. Meanwhile, TCG is preparing a 5 billion baht loan guarantee limit, launching two new projects under the "TCG Ready to Guarantee" program. This program includes waived guarantee fees for the first three years and a low fee of 1.5%, making it easier for small SMEs and exporters to access loans. Additionally, the "TCG Ready to Help" program offers debt reductions of up to 30% and 0% interest rates for debtors, facilitating quicker debt reduction and sustainable loan repayments.
SME entrepreneurs in Phuket and nearby provinces are encouraged to participate at no cost. Registration can be completed by scanning the QR code on the promotional poster or visiting https://shorturl.asia/HCfJ0. For further information, individuals can contact the Call Center at 1357.