Bank of Thailand weighs SME lending requirements

30 October 2018
Bangkok Post
SMEs policy and regulation
account scheme / FAP / financial institutions

The Bank of Thailand is considering whether to allow banks to demand additional collateral to back loans extended to small and medium-sized enterprises (SMEs) that are unable to fully comply with the single account scheme practice.

The move is to help SMEs that are not ready to comply with the new lending requirements to access loans from financial institutions, said Chakkrit Parapuntakul, president of the Federation of Accounting Professions (FAP).

Keep reading…

 Wichit Chantanusornsiri

Ask Question
Report Problem
Share Idea
Send Feedback
Submit Resources

Do you have questions on the content published by Open Development Thailand? We will gladly help you.

Have you found a technical problem or issue on the Open Development Thailand website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Thailand website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

View | Delete

File was deleted

ERROR!

Please add the code:

* The idea box couldn't be blank! * The email address is not valid! Something's gone wrong, Please Resubmit the form! Please add the code correctly first.

Bank of Thailand weighs SME lending requirements

Contact us

Thank you for taking the time to get in contact!