Print dated 04/25/2024
The Thai Bankers Association publishes further assistance guidelines. Reduce the interest burden for vulnerable groups, both individual customers and SMEs.
This was reported by the representative bank of the Thai Bankers Association. I had the opportunity to meet the Prime Minister. Exchange views on the current economic situation Debt situation of families Including additional care and assistance to alleviate the suffering of these vulnerable groups.
Phayong Sriwanich, president of the Thai Bankers Association, revealed that on April 24, 2024, the board meeting of the Thai Bankers Association realized and saw the need to issue further relief measures. For vulnerable customers while the economy has not yet fully recovered and not deepened Reducing the prime retail customer interest rate (MRR) by 0.25% for vulnerable customers. For both private and SME customers for 6 months to reduce the interest burden. and have the opportunity to recover and adapt, which goes in the same direction as driving the public economy. which includes short-term measures to support the transition and medium- and long-term economic restructuring measures. In line with sustainable debt resolution measures. and Responsible and Fair Lending (Responsible Lending) of the Bank of Thailand Member banks will accelerate the consideration of the implementation of the above principles. and prepare the system of work Respond to the needs of each bank’s vulnerable customers in the appropriate context as quickly as possible.
However, as part of the large industry sector in financial and capital markets Thai Bankers Association and member banks Give importance to customer care and is aware of participating in social responsibility and broader stakeholders (corporate responsibility) by helping customers, citizens and small entrepreneurs It still requires cooperation from other sectors of the economy. Including long-term measures to restructure the economy. To lead to competitive capacity and create sufficient and sustainable income
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