Central bank urges banks to contact debtors eligible for ‘You Fight, We Help’ assistance
The Bank of Thailand has urged banks to proactively contact all eligible borrowers under the government’s “You Fight, We Help” debt relief scheme and to enhance communication efforts after a lower-than-expected number of debtors registered for the programme.
From Dec 12, 2024, to Jan 15, 2025, a total of 402,656 borrowers registered for the scheme, covering 454,232 loan accounts. However, the central bank estimates that about 1.9 million borrowers, with 2.1 million loan accounts, are eligible to join the programme, according to Suwannee Jatsadasak, assistant governor of…
