GSB, SET to set up SMEs Private Equity Trust Fund
The Government Savings Bank (GSB) and the Stock Exchange of Thailand will jointly establish the SMEs Private Equity Trust Fund to provide low-interest loans for working capital to small and medium-sized enterprises, in line with the government’s policy to
GSB president Chartchai Payuhanaveechai said the size of the fund was capped at Bt2 billion, with its initial size set at Bt500 million.
The loans are targeted at four industries: start-up businesses with good potential; SMEs with strong growth potential to contribute to economic growth; SMEs that are major suppliers to the private and public sectors; and SMEs categorised as “social enterprises”.
