Financial help rolled out for flood-affected customers of Thailand’s state-run banks

State-run banks have rolled out financial measures to help private individuals and businesses affected the current flooding, according to Pornchai Theeravet, director of the Finance Ministry’s Fiscal Policy Office.

The banks involved in helping flood victims are the Government Savings Bank (GSB), the Bank of Agriculture and Agricultural Cooperatives (BAAC), the Government Housing Bank (GHB), the SME Bank, the Islamic Bank of Thailand, the Exim Bank and the Thai Credit Guarantee Corporation (TCG).

Pornchai said that the measures will target ordinary people, farmers and small and medium-sized enterprise (SME) operators and will help ease their financial burdens, boost their liquidity and enable them to fix their damaged property.

Full Story: https://www.thaipbsworld.com/financial-help-rolled-out-for-flood-affected-customers-of-thailands-state-run-banks/