BoT adopts targeted debt relief measures, not broad-based, for SMEs
Measures pushed to next June for firms that have not fully recovered
The Bank of Thailand has implemented targeted debt moratorium measures, scheduled to end next June, for small and medium-sized enterprises (SMEs) with a credit line below 100 million baht and have difficulty servicing existing debts.
The targeted measures will end on June 30, 2021. This will only apply to targeted SMEs that cannot cope with repaying loans to financial institutions due to business operations not being fully recovered.
The central bank implemented broad-based debt relief measu…
Read the full article at: https://www.bangkokpost.com/business/2003535/bot-adopts-targeted-debt-relief-measures-not-broad-based-for-smes
