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The Bank of Thailand satisfied with the banks, providing soft loans to SMEs from all over
Date April 30, 2020 Time 20:05 hrs.
BOT reveals good debt support for SME loans in well distributed soft loans
Mr. Ronadon Numnonont, Deputy Governor of Stability of Financial Institutions. The Bank of Thailand (BOT) revealed that according to the BOT, the first information on BOT soft loans on April 27, 2020, that debtors received soft loans in the amount of 16,326 boxes with a total limit of 22.788 million baht
BOT would like to report more details that Loans are distributed fairly and comprehensively, with no special focus on the group of debtors. And distributed among small entrepreneurs in many industries across the country, with 76% of SMEs receiving soft loans being SMEs with lines of credit of less than 20 million baht from financial institutions (lines of credit as of December 31, 2019 )
In the next week, more financial institutions are expected to apply for credit applications. Who will be able to help SMEs more thoroughly
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