Govt Savings Bank soft loan programme attracts strong demand

Quick Summary:

A soft loan scheme administered by the Government Savings Bank (GSB) has initially attracted demand tallying 70-80 billion baht out of the 100 billion-baht total, according to Finance Minister Pichai Chunhavajira.

Previously, the government implemented schemes to help restructure debts for SMEs that were non-performing loans, and the focus is on increasing liquidity for SMEs.

Mr Pichai said this project will help to improve the liquidity of SMEs facing liquidity shortages.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Smes Pichai Commercial Project Banks Loan Rate Liquidity Scheme Soft Interest

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 07:03:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 396 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21779318

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