Cabinet extends lending term “Soft Lone” to help SMEs access low-interest loans

A government spokesman said the cabinet extends the loan period of “Softloons” to the middle of this year, helping SMEs, freelancers and income earners gain access to remedial low-interest loans after being affected by the COVID-19 epidemic.

On January 14, Mr. Anucha Buropchaisri, a spokesman for the Prime Minister’s Office. Revealed at the Cabinet meeting to review cabinet resolutions on monetary and fiscal measures to support domestic investment in 2020, measures to monitor and mitigate the impact of the coronavirus (COVID-19) on the Thai economy, both directly and indirectly, Phase 2 and measures Assisting SMEs by approving the extension of the loan application period and considering credit until the end of June this year, details are as follows:

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1. Credit Measures for Investment and Production Efficiency Of the Export-Import Bank of Thailand (EXIM Thailand), total credit limit of 5,000 million baht (credit limit not exceeding 100 million baht per person), extending the credit approval period until June 30, 2021 by still The remaining credit line under the project is 2,142 million baht.

2. A credit scheme for expenses for self-employed people affected by the coronavirus (COVID-19), which the Government Savings Bank supports 20,000 million baht in loans and BAAC supports 20,000 million baht loans to the public. With a freelance No regular income or small farmers To extend the loan application period until June 30, 2021, which includes 2 banks, the remaining credit limit is 14,365 million baht, the Government Savings Bank has a credit limit of 2,990 million baht and the DSC still has a remaining 11,375 million baht.

3. Loan project for expenses for fixed income earners affected by the Corona Virus (COVID-19) of Government Savings Bank, amounting to 5,000 million baht, to allocate the remaining amount of 2,987 million baht to the Government Savings Bank to undertake the empowerment loan project. foundation To provide loans to small entrepreneurs Self-employed Regular income earner And including people affected by the epidemic of COVID-19, economic disasters And natural disasters

4. Government Savings Bank’s Foundation Enhancement Loan Project: Extending the application period for credit until June 30, 2021, the credit line for foundation enhancement loan amount of 10,000 million baht, the remaining credit limit is 7,425 million baht. From credit projects for expenses The remaining Government Savings Bank of 2,987 million baht will have a credit limit in this project totaling 10,412 million baht.

The extension of credit measures in various projects To help small entrepreneurs Independent operator And those affected by COVID-19 To be able to continue business As well as reducing the economic risks that may arise due to the situation of the COVID-19 epidemic There is still uncertainty.

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