Bangkok--23 Aug--KASIKORNBANK
Recently, at Siam Music Yamaha Co., Ltd., Mr. Akaranant Thitasirivit, right, KBank First Senior Vice President, and Dr. Perawat Chookhiatti, left, Managing Director of Siam Music Yamaha Co., Ltd. held a press conference on the provision of K-SME Franchise Credit to Yamaha Music Schools with credit limit at 70 percent of investment value. Prior business experience is unnecessary and no collateral is required.KBank is also offering financing to musical instrument stores with letter of guarantee fees of only 1.25 percent and OD with collateral only 30 percent. KBank is targeting a total of 500 million Baht in loans to Yamaha Music Schools this year.