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  • Tom 10:40 pm on November 28, 2009 Permalink
    Tags: , , , , , , , industries, , Loans, , SME Bank, traders   

    SME BANK stays on right track on loan provision 

    The Small and Medium Enterprise Development Bank of Thailand (SME Bank) approved over 33.6 billion THB worth of loans during the past 10 months, nearly doubling the amount released last year.

    SME Bank spokesperson Wichaya Witheethum said that the 10-month figure was 99.96% higher than that approved in the same period of last year. The loans had benefited 7,282 entrepreneurs, complementing the government policy to provide urgent assistance to major industries of the country. (More …)

     
  • Tom 1:59 pm on November 28, 2009 Permalink
    Tags: , , , debts, despite, , , , , Home Loan, interest rate, , loan leasing, Loans, , Non Performing Loans, NPL, NPLs, , real estate, real estate entrepreneurs, ,   

    Real estate value to rise by 6%-10% in 2010 

    Real estate

    The Siam Commercial Bank (SCB) will organize SCB Home Loan Expo 2009 in response to the expected increasing price of real estate in 2010 by 6%-10%.

    Siam Commercial Bank EVP Rungruang Sukkirdkijpiboon said that the price of real estate in 2010 was likely to climb more than usual by 6%-10% per year, as influenced by the project postponement from the real estate entrepreneurs, especially from small entrepreneurs. He forecast that the real estate’s interest rate would continue to go up, adding that the expired projects would not get the renewal of its contract which resulted in the increasing construction material prices. According to this, the price of real estate would rise in the same direction by next year. (More …)

     
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