Somkid rustles up larger SME loans - News Summed Up

Trending Today


Somkid rustles up larger SME loans


Aviation business operators could receive a credit line exceeding 500 million baht from the central bank's soft loan scheme. The Bank of Thailand's 500-billion-baht soft loan scheme is targeted at business operators with a credit line of up to 500 million baht, but some of these business operators want loans exceeding 500 million baht, Mr Somkid said. The government will absorb interest charges for six months for SMEs that receive soft loans. The soft loan scheme had extended just 90.5 billion baht to 567,312 SMEs as of June 22. Of the total SMEs, 43,030 or 76.4% were small SMEs with credit lines below 20 million baht, 9,825 were mid-sized SMEs with credit lines of 20-100 million baht and the rest were large SMEs with credit lines of 100-500 million baht.


Source: Bangkok Post July 02, 2020 22:07 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */