Thailand: Krungthai Bank launches SME private equity trust fund

Thailand: Krungthai Bank launches SME private equity trust fund

Krungthai Bank in collaboration with the Stock Exchange of Thailand and National Science and Technology Development Agency (NSTDA) has set up an SMEs Private Equity Trust Fund worth 2.3-billion-baht ($65.6 million) to accelerate the growth of small and medium enterprises and startups.

Of the total, two billion baht will come from Krungthai Bank, 200 million baht from the stock exchange and the remaining 100 million baht from NSTDA.

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