TMB Bank is looking at growth opportunities in the supply-chain business

By | July 6, 2011

A recent press report said that TMB Bank has put Mr. Paphon Mangkhalathanakun in charge of its new loan portfolio, targeting small businesses working in the supply chains of large companies.

Mr. Paphon Mangkhalathanakun said that the bank is looking for growth in the supply-chain business.

Reports said that the bank’s SME loan portfolio has been revised to include loans to small firms and to businesses that are in the supply chains of large companies. The Loans to medium-sized companies has been moved to the bank’s wholesale banking portfolio, hence it involves as more complicated financial statements, products and loan requirements.

Mr. Paphon said that the industry is likely to see a double-digit proportion of loans going to the supply-chain market in three to five years, compared to only 4-5 per cent of the banking industry’s total loans currently. The bank has planned to become a leading player in this loan segment. He also said that the supply-chain and factoring portfolio at the bank currently accounts to only Bt5 billion.

Reports said that the bank expects its small-firm loan portfolio this year to reach Bt37 billion. The average loan is Bt4.5 million per customer, mostly used for working capital and overdrafts. IT added saying that out of small-firm loans, 70 per cent are for new customers and the rest are for refinancing customers. Small enterprise loans account for 10 per cent of the bank’s total portfolio.

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About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

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