MOBILIST Global’s Post

View organization page for MOBILIST Global, graphic

1,152 followers

MOBILIST is proud to announce our catalytic participation in the successful listing of Thai Credit Bank Public Company Limited (Thai Credit) on The Stock Exchange of Thailand (SET). Thai Credit celebrated its listing at the exchange this morning after an initial public offering (IPO) supported by the UK’s Foreign, Commonwealth and Development Office (FCDO) through MOBILIST and other key investors, the IFC - International Finance Corporation (IFC) and the Asian Development Bank (ADB). Thai Credit is the only licensed bank in Thailand that focuses on nano-finance, micro-finance, and loans to Micro, Small and Medium Enterprises (MSMEs) and the first financial institution serving this segment to list on the Thai stock market. Mark Gooding, British Ambassador to Thailand, says: “Thai Credit’s listing will enable the bank to expand its lending to businesses and individuals that are underserved by the banking sector, to not only foster financial inclusion but also support economic opportunities and job creation." Read more on MOBILIST's website: https://lnkd.in/ddqE4hMf

MOBILIST supports the successful IPO of MSME-focused Thai Credit Bank - Mobilist

MOBILIST supports the successful IPO of MSME-focused Thai Credit Bank - Mobilist

https://www.mobilistglobal.com

Ross Ferguson

Senior Private Sector Adviser, leading FCDO's work on public markets capital mobilisation @MOBILIST_Global

5mo

Another important transaction for MOBILIST, demonstrating that scarce ODA can transform the way development actors think about financing, enabling institutional investors to participate in ways we keep hearing they want to, and delivering value for tax payers.

To view or add a comment, sign in

Explore topics