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Bangkok Post
Bangkok Post
Business

FOUND: Easier terms eyed for loan guarantees | Mind Blowing Facts

Finance Ministry Bank of Thailand TCG Thailand

The Finance Ministry and the Bank of Thailand are considering looser terms for loan guarantees for the central bank's soft loan scheme, aiming for easier access for small and medium-sized enterprises (SMEs), says a ministry source who requested anonymity.

The central bank introduced the 250-billion-baht loan scheme last year through financial institutions to assist pandemic-battered SMEs. Of the total, 200 billion baht has been extended to SMEs.

The source said under the new guidelines, the Thai Credit Guarantee Corporation's (TCG) conditions might be adjusted so that loan guarantees were more broadly applied in the scheme.

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