Banking News

UOB focuses on Thai SMEs with digital tools and working capital funding

UOB focuses on Thai SMEs with digital tools and working capital funding

(7 March 2019 – Thailand) UOB has launched the Smart Business Transformation Programme to support SMEs in Thailand digitise.

Experts from the bank’s accelerator program, The FinLab, will help SMEs with the digital tools and knowledge and provide them with working capital funding to implement the technology transformation projects. SMEs will be matched with specially-chosen technology solution providers to implement digital solutions. Firms can also request assistance in expanding to new markets and using digital marketing to grow sales which they identify as their top business growth strategies.

The Bank is targeting SMEs in the food and beverage, fast-moving consumer goods, construction, logistics, retail, wholesale and travel industries.

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