Thairath Online
16 Oct. 2021 14:48
Government spokesman revealed that the treasury moved forward with the order of “Prime Minister” to open the state bank measures. Borrowing debt, increasing loans, loans, 0% interest, helping people, farmers and SMEs who are suffering from floods 64
On October 16, Mr. Thanakorn Wangboonkongchana, spokesman for the Prime Minister’s Office revealed that General Prayut Chan-o-cha, Prime Minister and Minister of Defense There is concern for people in flood-affected areas. Order all agencies to provide assistance in all aspects to alleviate the suffering of the people, farmers and entrepreneurs as much as possible. by financial institutions Special tasks under the Ministry of Finance, namely Government Savings Bank, Bank for Agriculture and Agricultural Cooperatives Government Housing Bank Small and Medium Enterprise Development Bank of Thailand Islamic Bank of Thailand The Small Industrial Credit Insurance Company (TCG) has set up a moratorium on debt repayment and additional credit support to help and alleviate suffering for people and entrepreneurs affected by the floods. Each bank has prepared different interesting details and conditions such as moratorium of up to 1 year, support for additional credit lines, 0% interest for 3 months, up to 1 year, etc., as follows:
1. Government Savings Bank – Loan and interest moratorium for 3 months. Apply for participation from today until December 31, 2021 / measures to support emergency loans. Loans for retail customers, housing loans, loans for small and medium enterprises (SMEs)
2. Bank for Agriculture and Agricultural Cooperatives – Measures to moratorium on debts for no more than 12 months and no interest charged/measures to support emergency loans The loan amount is not more than 50,000 baht per person, the interest rate is 0% per annum for a period of 6 months and the repayment period is not more than 3 years.
3. Government Housing Bank – For existing customers whose collateral has been damaged Able to claim interest reduction to 0% per annum for a period of 4 months, debtor’s death or permanent disability All damage insurance cannot be repaired. Able to claim debt-free on the part of the building price and to continue paying installments only for the remaining land, etc.
4. Small and Medium Enterprise Development Bank of Thailand – Debt Momentation Measures For customers with term loans (Term Loan) will receive a suspension of principal payment up to 3 months / emergency loan measure. Interest rate 4.99% per annum throughout the contract period The maximum loan term is not more than 5 years, the maximum repayment period is not more than 1 year, etc.
5. Islamic Bank of Thailand – Measures to help customers affected by the flood by moratorium on principal repayment Pay only profit for a period of not more than 6 months and extend the repayment period. does not exceed the period of stay and exemption of late charge compensation, which can be submitted for participation in the measure from today until October 31, 2021
6. Small Industrial Credit Guarantee Company (TCG) – Measures to help SMEs customers for SMEs entrepreneurs who are customers of TCG. Installment reduction measures. by paying installments of 20% or paying a minimum of 500 baht, up to 3 months Submit an application to join the measure from today until October 31, 2021, etc.
“You can ask for more details at each bank. “The aforementioned assistance measures are financial measures ordered by the General Prayut Chan-o-cha, Prime Minister and Minister of Defense who want to help and alleviate the suffering of the people, farmers, small entrepreneurs, SMEs affected by the 64 year flood which will help reduce the burden of expenses for customers make cash flow help revitalize the business including renovation and repair of buildings so that people can make a career out of and lead a normal life by all measures to be in accordance with the regulations of the Ministry of Finance Confirm that the government is ready to help all the victims” Mr. Thanakorn said …..
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