Technology
SME D Bank Launches AI-Powered Lending Initiative
Thailand's SME D Bank has introduced a new loan program utilizing the 'Nok Krasib' AI tool to facilitate financing for small businesses without requiring collateral.
According to a report by Prachachat Business on September 14, 2026, the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has launched a new credit initiative aimed at empowering local businesses. Managing Director Pichit Mitrawong announced that the bank is integrating an artificial intelligence tool known as 'Nok Krasib' (Whispering Bird) into its lending process.
This AI-driven system is designed to evaluate creditworthiness, allowing the bank to offer loans to small and medium-sized enterprises (SMEs) without the traditional requirement of collateral. The initiative is part of the bank's broader 'SME-Beyond' strategy, which seeks to provide financial support and technological assistance to help local businesses scale their operations.
For residents and expatriates operating businesses in Thailand, this development may signal easier access to capital for those who lack significant physical assets to pledge as security. However, the specific eligibility criteria, interest rates, and the extent to which the 'Nok Krasib' AI influences final approval decisions remain to be confirmed by the bank. Interested parties should monitor official SME D Bank communications for detailed application requirements and further updates on how this technology will be implemented across their various loan products.