Debtor rejoices, Government Savings Bank forgives debt. More than 720,000 people have had their debts forgiven.
Measures to assist debtors in NPLs are in the status of the loan project for expenses for self-employed people affected by COVID-19 in accordance with the Cabinet decision on December 19, 2023. Support will only be given once In order to prevent a loss of financial discipline
Mr revealed Withai Rattanakorn, Director of the Government Savings Bank, that the Government Savings Bank has been assigned to assist the debtors of the loan project to pay the costs of the self-employed people who were affected according to the government by Mr. Settha Thavisin, Prime Minister. by the coronavirus (COVID -19) Groups that have been seriously affected are still unable to recover and repay their debts. Until it has become the status of bad debts or NPLs, which the Cabinet has decided to speed up to help debtors in this group to escape from the status of NPLs in order to prevent the debtors from losing their credit history. and can also access sources of money in the system in the future The bank will use the budget to compensate for bad debt compensation allocated by the government for the said loan project. used to pay debts on behalf of debtors In operation since the 1st quarter of 2024, the bank has recently taken additional steps on more than 90,000 cases, making it possible to help more than 720,000 debtors within a period of 3 months since the start of the measure that will be able to help debtors in the 4th quarter of 2024. An additional number of more than 100,000 was added when an additional budget allocation was received from the government.
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By the way, there are measures to assist debtors with the NPLs status of the loan project for expenses for self-employed people affected by COVID-19 in accordance with the decision of the Cabinet on December 19, 2023, which is a one-time assistance. To prevent the loss of financial discipline The government has a policy to push for solving debt problems so that all groups of people can be successful and sustainable as a national agenda.
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