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SME D Bank’s Solution Package for Thai SMEs: Easing Financial Burdens Amid COVID-19

SME D Bank arranges a solution package in line with government policy for Thai SMEs affected by COVID-19 (Code 21) under the “3 measures to reduce debt” to ease financial burdens. Create an opportunity to start over and continue. including one year suspension of principal repayment, 1% interest reduction, and all accrued interest forfeited Report your application from today until 30 June 2025.

Ms. Narthanaree Rattapat, Managing Director of the Small and Medium Enterprise Development Bank of Thailand (SME) or SME D Bank revealed that in accordance with the government’s policy to solve system-wide debt problems for citizens and business entrepreneurs, therefore, SME D Bank as an institution state financial. Willing to help SME entrepreneurs Especially groups affected by COVID-19, Code Group 21 (total credit limit not exceeding 10 million baht and in NPL as of December 31, 2023), who have experienced long-term and ongoing hardship , therefore, the bank continuously provides support through the “3 measures to reduce, pay off debt” including reducing installments, reducing principal, and reducing interest. Helping to ease the financial burden and create opportunities for a fresh start Back to moving forward with business again. Debtors with Code 21 will receive assistance when paying in accordance with the bank’s conditions, including a one-year suspension of principal payments. During the suspension of principal payments, interest will be reduced by 1% per year. In addition, all default interest is charged. And if the account is closed A 100% reduction in the accrued interest You can apply to participate from now until 30 June 2025.

In addition, Banc SME D also provides additional support in “development” through the “SME Coach D” project, organizing a team of professional coaches to give advice, recommendations, and take care of solving problems for SME entrepreneurs closely. until you can adapt and move through different situations well, including having a comprehensive business strengthening platform where you can learn on your own 24 hours a day through SME D Bank’s DX platform

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