(From left) Satit Booncholok, Assistant Managing Director of Product Management for SME Business, Wuttisak Ongpattanakul, Assistant Managing Director of Sales & Distribution for SME Business, Sayumrat Maranet, Assistant Managing Director and Head of Business Banking for SME at UOB Thailand, Surong Suwannavanit, Senior Assistant Managing Director of Asset Management at SAM, and Phitthaya Anurakpharadorn, Director of Corporate Strategy and Product Development at SAM, along with their teams.

Sukhumvit Asset Management Co., Ltd. (SAM) has signed a memorandum of understanding for business collaboration with UOB Thailand to support SME entrepreneurs looking to invest in purchasing business premises through a business property loan program.

The purpose of this memorandum of understanding is to assist SME entrepreneurs who are considering investing in business properties such as factories, warehouses, commercial buildings, etc., from SAM, with support for business loans to invest in their premises from UOB, along with favorable interest rates, repayment periods, and special conditions from the bank.

Mr. Surong Suwannavanit, Senior Assistant Managing Director of Sukhumvit Asset Management Co., Ltd. (SAM) stated, “The collaboration between SAM and UOB in this business property loan project not only supports and creates opportunities for SME entrepreneurs looking to purchase SAM's non-performing assets (NPA), which are abundant and located in prime areas across the country, but also provides access to financial services and options for applying for loans at reasonable interest rates. This initiative will help reintegrate unused NPA assets back into the economy, maximizing their potential and contributing to the overall strength and growth of the country.”

Ms. Sayumrat Maranet, Assistant Managing Director and Head of Business Banking for SME at UOB Thailand remarked, “The bank recognizes the demand from SMEs for access to loans for purchasing properties to support their business growth. Through this collaboration with SAM, entrepreneurs looking to invest in business properties with SAM can apply for loans at special interest rates and with repayment terms of up to 30 years, making it easier for SMEs to access financing.”