TCG joins a discussion on cooperation in digital services for business development. Using technology to help SMEs reduce steps, reduce costs, reduce time, moving towards digitalization. Gateway for SMEs
Mr. Sittikorn Direksuntorn, Director and General Manager The Small Business Credit Guarantee Corporation (TCG) joined the forum on “Collaboration on Digital Services for Business's Development” at the “BOT Digital Finance Conference 2023” under the theme “Building Ecosystem for Responsible Innovation,” developing the digital financial ecosystem. responsibly Organized by the Bank of Thailand at the Learning Center Building. Bank of Thailand, 15 July 2023
Mr. Sitthikorn said that over 800,000 SMEs that TCG has guaranteed are divided into 30% small and medium sized entrepreneurs or SMEs, while the other 70% are small entrepreneurs. or independent occupations (Micro SMEs). The challenge is to get these 800,000 people into the digital system. This year, TCG raised the level of service by developing an identity verification system, or NDID, on the Line @tcgfirst platform to support financial transactions. To answer the needs of credit transactions and loan guarantees through online platforms. Connecting SMEs entrepreneurs who want to access capital. and credit guarantees from TCG, which will help SMEs reduce steps, reduce costs, and reduce time in accessing funding sources and receiving services from TCG, both in credit guarantees and in counseling through the center at Financial Consultant or TCG FA Center
In addition, TCG's adaptation and cooperation with partner agencies For example, joining the TrustBiz Connext project, a digital platform Digital ID and e-Signature for legal entities. It will help support more than 3 million SMEs outside the system to access funding sources in the system through TCG's Digital Lending and Digital Credit Guarantee more easily and reduce costs for SMEs as well, which is in line with the strategic plan. of TCG uses digital technology to develop and connect operations and services to SMEs in order to raise the level of TCG's services to become a SMEs Digital Gateway.
Source: Thai News Agency