SMEs to get targeted aid when blanket support - The Nation Thailand.

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SMEs to get targeted aid when blanket support - The Nation Thailand.
Roong Mallikamas, assistant governor, briefs reporters on a new financial aid strategy for SMEs at the Bank of Thailand on Thursday.

SMEs to get targeted aid when blanket support expires next week: BOT

The Bank of Thailand (BOT) will shift from a blanket strategy to targeted aid measures for small and medium-sized enterprises (SMEs) affected by Covid-19 when their loan-repayment holiday expires next Thursday (October 22).

The debt suspension covered 1.05 million loans worth a total Bt1.35 trillion, out of total debts of Bt6.89 trillion covered by all government measures, BOT assistant governor Roong Mallikamas said on Friday. The measures, implemented via commercial and state-owned banks, include a debt moratorium, debt restructuring, rate cuts, and others, she said.

Read More at - The Nation Thailand.