Thailand’s central bank throws support line to SMEs

Bank of Thailand
Bank of Thailand
Photo: George Johnson

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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