The goal is to increase the soft loan disbursement, said Predee Daochai, chairman of the TBA, as the tough loan conditions under the executive decree are a drag. Offering soft loans with specific objectives and easing some conditions should boost SME liquidity amid the pandemic, he said. Both the regulator and banks want SMEs to have better access to the soft loan scheme to help them overcome this difficult situation," said Mr Predee. The soft loan scheme has extended only 90.5 billion baht to 567,312 SMEs as of June 22. The maximum drawdown for the soft loans is set at 20% of each bank's outstanding loans at the end of December.

Source: Bangkok Post July 01, 2020 23:03 UTC