Small businesses cash in at 8th Money Expo

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Finance Minister Wisudhi Srisuphan opens the trade show at the Royal Cliff Hotels’ Peach Convention Center.
Finance Minister Wisudhi Srisuphan opens the trade show at the Royal Cliff Hotels’ Peach Convention Center.

Small and medium-sized businesses were offered 100 million baht in low-interest loans while investment firms offered others special opportunities at the 8th Money Expo in Pattaya.

Finance Minister Wisudhi Srisuphan opened the popular trade show at the Royal Cliff Hotels’ Peach Convention Center Feb. 9.

This year’s theme was “wealth transformation” and a major avenue for doing that, both personally and for business, was through the many low-interest loans available.

Wisudhi said the Money Expo was not just about loans, but about “opportunities, education and business expansion for those who seeking to grow”.

All of Thailand’s major commercial banks were represented, offering cheap mortgages as well as car, home, personal and educational loans, plus credit cards and cash-deposit accounts.

But the feature draw was the Small and Medium Enterprise Development Bank, which opened a pool of 100 million baht in loans at an interest rate of 1.7 percent.

The Expo also offered a variety of options for investors, with the Export-Import Bank of Thailand, Orasri Futures Co., Siam Knight Fund Management and Cash Firm Real Estate all exhibiting. Those looking for a safety net could visit Muang Thai Life, Aetna, Apex Medical and Toyota Marine insurance companies.

Honored guests and organizers press the magic buttons to begin the exposition.
Honored guests and organizers press the magic buttons to begin the exposition.

The Money Expo also has always been a marketplace for leading financial institutions, asset-management companies, real estate firms and affiliates to showcase special investment opportunities and promote their exclusive campaigns.

The event also was tailored for the government’s Eastern Economic Corridor project to make the Eastern Seaboard a stronghold of the nation’s economy and the nation’s biggest industrial area.