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Bangkok Post
Bangkok Post
Business

Thai Credit banks $105m IFC loan

IFC Thailand the World Bank Group
Thai Credit Retail Bank chief executive Winyou Chaiyawan, centre right, and managing director Roy Agustinus Gunara, left, welcomed Ms Xu, centre left, and CFA Lingshu Liu at the signing of the MoU.

International Finance Corp (IFC), a unit of the World Bank Group, is providing a US$105-million loan to Thai Credit Retail Bank Plc (Thai Credit) to support female entrepreneurs in Thailand.

The loan is meant to support micro-, small, and medium-sized enterprises (MSMEs) in Thailand, with at least 50% earmarked for women-owned or led MSMEs, referred to as women-owned micro, small and medium enterprises (WMSMEs), to support job creation and strengthen economic inclusion in the country.

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