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SME D Bank teams up with GEC to help enterprises on e-commerce

Oct 08. 2020
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By The Nation

The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has joined forces with General Electronic Commerce Services (GEC) on improving SMEs’ e-commerce potential via The Hub Thailand platform to increase their market channels and revenue.

After presiding over a memorandum of understanding signing ceremony, Industry Ministry permanent secretary and SME D Bank chairman Kobchai Sangsitthisawat said that as the Covid-19 crisis has severely impacted SMEs, the bank aims to enhance their potential to expand market channels, especially the e-commerce market which is witnessing high growth, to boost their revenue in this new normal era.

SME D Bank president Nartnaree Rattapat said the bank and GEC will enable the enterprises to sell products via The Hub Thailand platform to take advantage of online shopping trends.

“Also, the bank is prepared to grant low-interest loans to SMEs which need more capital,” she said.

GEC president and CEO Rathapol Bhakdibhumi said the company will prepare an e-marketplace system on The Hub Thailand platform to assist SMEs on sales.

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