Central bank tweaks B500bn soft loan scheme for SMEs

The Bank of Thailand is fine-tuning the process of offering 500 billion baht in soft loans with an aim to provide virus-hit small and medium-sized enterprises (SMEs) with better access.

The central bank has talked with banks about tweaking the scrutiny process to give SMEs easier access to the funding source after some barriers arose, said Ronadol Numnonda, the central bank’s deputy governor for financial institution stability.

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Somruedi Banchongduang