‘Siam Commercial’ prepares loan rehabilitation to support entrepreneurs to receive digital trends – maximum amount of 150 million baht / person
On October 6, Mr. Krit Chanthanotok, Chief Executive Officer Siam Commercial Bank Public Company Limited said Siam Commercial Bank supported business sectors to accelerate the transition from the Covid situation by preparing loan rehabilitation to adapt under the Bank of Thailand’s Loan Rehabilitation Act (BOT). .) As the Bank of Thailand has revised the loan rehabilitation criteria. by increasing the type of rehabilitation loan for adaptation To support entrepreneurs to adjust their businesses and promote their ability to compete in the next phase. Focusing on investments to enhance capacity in 3 groups, namely, the use of digital technology to improve business efficiency. Environmentally friendly business practices and investment in innovation of the future world
The Bank therefore provides funding to improve, develop and enhance business potential. With a maximum credit line of not more than 150 million baht (including soft lone line and all rehabilitation loans), repayment period of up to 10 years, special interest rate of 2% per annum during the first 2 years of the contract. with interest exemption for the first 6 months from the support of the Ministry of Finance The average interest rate is not more than 5% per annum during the first 5 years of the contract. Use the collateral as Real estate, deposits and guarantees from the Small Industry Credit Guarantee Corporation (TCG) can be used to request credit lines.
As for the loan rehabilitation project (soft lone) under the BOT’s 250 billion credit line, Siam Commercial Bank reports to the BOT. (Information as of August 1, 2022) There are a total of 7,851 entrepreneurs applying for loans, representing a total amount of 23,249 million baht.
Entrepreneurs interested in both current and new customers can apply for rehabilitation loans under the Bank of Thailand’s (BOT) Loan Rehabilitation Act from September 5, 2022 – April 9. 2023 at all Siam Commercial Bank branches nationwide. For more information, please visit Business relations manager who takes care of you or SCB Business Call Center at 02 722 2222
