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TCG. Ford Support SME Total amount of 1.4 billion baht
Date 01 Dec 2020 Time 19:35
TCG. Ford Support SME Amount reaches 1,400 million baht to support new SMEs 1,300 thousand
Dr. Rak Worakitpokat, Director and General Manager The Small Industry Credit Guarantee Corporation (TCG) revealed that TCG’s performance in 2020 from January to November had a credit guarantee balance of 1.4 billion baht and helped SMEs . 1.3 one hundred thousand new companies to create a phenomenon that will help SME entrepreneurs in 29 years to take a leap in their performance. Both the approval balance of the credit guarantee Number of new customers AND the amount of credit guarantees (LG) of TCG amid the situation of the COVID-19 epidemic
Performance in 2020 compared to 2019 (January – October 2019 – 63)
1. The total amount of approval of credit guarantees for the year 2020 increased 122% from 61.3 billion baht to 1.35 billion baht.
2. Helping entrepreneurial SMEs New creditors reached an increase of 167% from 4.76 billion to 1.27 thousand.
3. The number of loan guarantee approvals (LG) increased 174% from 61,979 LG to 169,959 LG.
For a successful credit guarantee scheme And it is an outstanding performance To help solve the crisis of SMEs During the COVID-19 situation With an important role in driving the bank to continue making loans, including
1. PGS8 credit guarantee project, normally with a credit limit of 100 billion baht, consisting of the following sub-projects Reverse a good trip, of course, an account, a new life, the 99% goal is achieved with a limit of 9.9 billion baht.
2. PGS8 Credit Guarantee Program, TCG SME Building Thailand, a budget of 50 billion baht, Government measures launched in early 2020 help vulnerable SMEs and those with debt restructuring. 100% credit limit guarantee
3. Phase 3 credit guarantee project for micro-entrepreneurs with a budget of 15 billion baht to help entrepreneurs, SMEs, foundations and freelancers. 100% guaranteed credit limit In addition, TCG also plays an important role. As a mechanism to help SME operators Access to financing Linking credit guarantees in the Bank of Thailand (BOT) soft loan program continued Under the Soft Loan Guarantee Program (Soft Loan +) with a credit limit of 57 1 billion baht, which includes cooperation with the Government Savings Bank on a credit guarantee project in the Soft Loans project with a credit limit of 10 billion baht.
For the credit guarantee target in 2021, it is expected to be 100 billion baht under a variety of innovative credit guarantee product development plans. Answers to all groups of SMEs
TCG has also prepared the implementation of the plan. Support for the approval of 2 new credit guarantee projects:
1. PGS-9 credit guarantee program with a credit limit of 1.5 billion baht to help financial institutions to have more confidence in loans. Including help to SME clients experiencing problems
2. Micro 4 credit guarantee project with a credit limit of 25 billion baht, which has an increased credit limit. Because the government is important to help Operators Foundations SMEs Self-employed group by allowing TCG to develop a wide variety of products To address economic problems
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