Business Services Industry

Bangkok Bank Signs Deal for Venture Capital Funding Program.

Knight Ridder/Tribune Business News, November, 2001

By Darana Chudasri, Bangkok Post, Thailand Knight Ridder/Tribune Business News

Nov. 10--Bangkok Bank yesterday signed a co-operation agreement with One Asset Management to help small and medium-sized enterprises apply for assistance from the SME Venture Capital Fund.

The bank is the third to sign a co-operation pact with One Investment to promote the venture capital fund, after Thai Farmers Bank and Bangkok Metropolitan Bank.

Bangkok Bank will recommend potential clients to One Asset Management for equity capital from the fund.

Wiwan Tharahirunchote, president of One Asset Management, said similar deals would be signed with other state and private banks by year's end.

He said Thai Farmers Bank had already forwarded names...

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