Government Housing Bank is offering debt workout arrangements lasting up to one year and six months, or arrangements assessed on a case-by-case basis.
Lavaron said further debt restructuring was available if borrowers still had difficulty repaying despite a payment holiday.
Government Housing Bank and Islamic Bank of Thailand are also offering a fast-track claims service for customers holding fire insurance policies.
For business recovery, Government Savings Bank has set up a THB30 billion soft-loan scheme to provide funds for commercial banks to lend to affected small and medium-sized enterprises (SMEs).
The bank will charge commercial banks 0.01% a year.
Borrowers will pay no more than 3.5% a year for the first two…