Banks poised to extend assistance
Prolonged relief measures likely
Banks are set to extend the deadline for their relief measures to virus-affected customers after the three-month blanket debt holiday lapses at the end of this month.
Pandemic relief measures, which cover all customer segments from retail and small and medium-sized enterprises to corporations, will be extended on a case-by-case basis, said Sarut Rattanaporn, co-president at Siam Commercial Bank (SCB).
Given the central bank’s policy to encourage lenders to provide assistance to customers in return for a relaxation of loan-loss pro…
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