Thai bourse, Kasikornbank jointly build SME professionals

ข่าวเศรษฐกิจ Tuesday May 22, 2012 11:19 —PRESS RELEASE LOCAL

Bangkok--22 May--SET The Stock Exchange of Thailand (SET), together with its Industry Development Center and the Market for Alternative Investment (mai), joins hands with Kasikornbank by holding a seminar for owners of small- and medium-sized enterprises (SMEs), making them ready to develop sustainable businesses and use the capital market for funding to build strength and growth under the concept “Good Great Growth.” SET Executive Vice President Chanitr Charnchainarong, said: “The stock exchange realizes the importance of developing the potential of SME owners and encouraging them to access capital market funds for strength and sustainable growth. Thus, we’ve worked with Kasikornbank to hold this seminar for them. The ‘Good Great Growth’ concept of preparing for growth consists of, first, ‘Good-Financial Fiduciary’ to educate owners on financial management with efficiency, transparency, and corporate governance for society; second,‘Great-Capital Literacy’ to understand the importance of the capital market, accessing funds, and making the most efficient fundraising; and third, ‘Sustainable Growth’ to enhance business expansion with sustainability,” he noted. Kasikornbank Executive Vice President Patchara Samalapa, said: “Thailand has more than three million SME owners, mostly operating key sectors important to the country’s economic growth. Therefore, Kasikornbank constantly develops innovative financial products to meet customer demand comprehensively and extensively in every business cycle. We also emphasize accessing funding sources for our customers, especially from forming joint ventures, which is a key success factor to boost customers’ businesses.” “The bank has established Khao Kla Venture Capital Management to jointly invest in high-potential SMEs and has placed importance on educating customers in order to impel sustainable SME growth. Amidst uncertainty, SME owners should prepare to operate proactively and with confidence in the competitive ASEAN,” Patchara said. For the second half of this year, SET and Kasikornbank will continue to jointly enhance the potential of SME owners through activities, such as SET Company Visits for Inspiration to visit firms and learn their business concepts from its executives, and Growth SMEs-Society-Tea talks, which are panels to exchange management insights and build networks for mutual growth. For more information, please contact S-E-T Call Center 0 2229 2222

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