Post by account_disabled on Dec 25, 2023 22:54:18 GMT -8
Mr. Pridi Daochai, President of the Thai Bankers Association Revealing the assistance program for customers affected by the COVID-19 outbreak, all commercial banks continue to expedite operations to help alleviate liquidity problems for all customer groups. Especially the business customer group and the retail customer group continuously. Meanwhile, the latest progress of the Bank of Thailand's soft loan project has found that credit has been distributed more to small and medium-sized enterprise customers, or SMEs, after moving forward with the project. already for about 1 month, financial institutions have already approved loans of 66,592 million baht to 41,057 SME entrepreneurs (as of June 1, 2020).
This amount is to help C Level Executive List small SMEs with credit lines. Loans with financial institutions below 20 million baht, approximately 30,693, or approximately 74.8% of debtors who received assistance through the Soft Loan project, while medium-sized SMEs with credit lines in the range of 20-100 million baht and SMEs Large SMEs with credit lines in the range of 100-500 million baht have received low-interest loan distributions to 7,660 and 2,704, respectively. In addition, another important mission of financial institutions during the period when the economy is affected by the COVID-19 outbreak is to move forward with debt restructuring measures and measures to assist retail debtors.
Which is an overview until 29 May. Financial institutions have assisted in debt restructuring for customers and 15.11 million retail debtors, representing a total debt burden of 6.68 trillion baht, of which approximately 57% have been assisted by retail debtors. As for debtors to SMEs and large businesses, the proportion was 32% and 11%, respectively. Meanwhile, the bank has extended loans in the TCG Sang Thai project until almost the full project credit limit of 50 billion baht to 20,952 customers and Soft loan project through Government Savings Bank in the amount of 55 billion baht.
This amount is to help C Level Executive List small SMEs with credit lines. Loans with financial institutions below 20 million baht, approximately 30,693, or approximately 74.8% of debtors who received assistance through the Soft Loan project, while medium-sized SMEs with credit lines in the range of 20-100 million baht and SMEs Large SMEs with credit lines in the range of 100-500 million baht have received low-interest loan distributions to 7,660 and 2,704, respectively. In addition, another important mission of financial institutions during the period when the economy is affected by the COVID-19 outbreak is to move forward with debt restructuring measures and measures to assist retail debtors.
Which is an overview until 29 May. Financial institutions have assisted in debt restructuring for customers and 15.11 million retail debtors, representing a total debt burden of 6.68 trillion baht, of which approximately 57% have been assisted by retail debtors. As for debtors to SMEs and large businesses, the proportion was 32% and 11%, respectively. Meanwhile, the bank has extended loans in the TCG Sang Thai project until almost the full project credit limit of 50 billion baht to 20,952 customers and Soft loan project through Government Savings Bank in the amount of 55 billion baht.
