snoop1130 Posted July 15, 2021 Share Posted July 15, 2021 Small and medium-sized businesses in areas of Thailand under semi-lockdown and control measures will be granted a debt and interest moratorium for July and August, as part of a new financial rescue package jointly worked out by the Bank of Thailand, the Thai Bankers’ Association and the Foreign Banks Association. This package is also being extended to employees working for these affected SMEs, said Finance Minister Arkhom Termpittayapaisith today (Thursday). He said that a series of financial measures, including debt repayment extensions and debt refinancing until end of this year, have been rolled out by the Finance Ministry, in cooperation with private financial institutions, since the first outbreak of COVID-19 early last year. Full Story: https://www.thaipbsworld.com/thai-banks-offer-2-month-debt-moratorium-for-smes-hit-by-semi-lockdown/ -- © Copyright Thai PBS 2021-07-15 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
milesinnz Posted July 16, 2021 Share Posted July 16, 2021 They know you cannot get blood out of a stone - but be assured, interest will continue to be added.... 2 Link to comment Share on other sites More sharing options...
connda Posted July 16, 2021 Share Posted July 16, 2021 As the interest keeps building. 1 Link to comment Share on other sites More sharing options...
Peterphuket Posted July 16, 2021 Share Posted July 16, 2021 SME, SME?? I thought it was a tone arm. Link to comment Share on other sites More sharing options...
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