Nearly 40 billion baht from FIDF to support SMEs
Under the current model to support SMEs, funding will come from the Financial Institutions Development Fund (FIDF) — the same source used for the “You Fight, We Help” scheme.
The plan involves allocating part of the FIDF’s resources to create a “central pool”, by diverting half of the 0.46% annual contribution that commercial banks make to the fund — or 0.23% — into this new mechanism. The money would be used to revive struggling SMEs and finance urgent economic recovery programmes.
Each year, financial institutions contribute around 80 billion baht to the FIDF. If half of that amount were redirected — as done under the You Fight, We Help project — approximately…