Thailand’s central bank throws support line to SMEs
Businesses will be eligible for new financing facility and payment holiday
The Bank of Thailand has eased loan restrictions for small and medium-sized enterprises and expanded the amount of credit available to them during the global pandemic.
In a statement published on April 7, the central bank unveiled a six-month loan payment holiday for all SMEs with credit not exceeding 100 million baht ($3 million).
“Financial institutions will work closely with the borrowers to restructure their debts so that the debt repayment plan aligns with their declining incomes,” the
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