Dr. Alan Firth ๐ฉ๐ฐ๐ฌ๐ง๐ช๐บ ๋ฆฌํธ์ํจ

Bank of Thailand Urges Lenders to Assist Borrowers Amid Rising Energy Costs
The Bank of Thailand (BoT) has urged financial institutions and regulated businesses to support borrowers affected by high energy prices and economic pressures from the war in the Middle East.
Measures include easing conditions on existing loans, such as interest-only payments, lower installments, or reduced interest rates, and providing new loans to boost liquidity, strengthen operations, and support energy-saving investments.
BoT highlighted that these measures should consider borrowersโ long-term repayment capacity, not just current cash flow, and stressed communication with borrowers and guarantors on the terms and outcomes.
Existing loans under these programs include hire-purchase and leasing for vehicles, car-title loans, and supervised personal loans. New lending can leverage initiatives like the SMEs Credit Boost and the SMEs Secure+ framework, which temporarily relaxes repayment assessment rules for SME borrowers with collateral.
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