SME D Bank is introducing two measures to help SMEs in the southern region affected by the floods. Suspension of repayment of the principal of the loan – along with replenishment of capital

SME D Bank helps SMEs in the Lower South region affected by floods. Initially, 1,000 survival kits will be provided, along with two urgent measures: a “suspension of loan principal repayment” for up to 6 months, along with a “capital increase” with a maximum loan of 50 million baht to be used for repair and construction. And rehabilitating companies.

Ms. Narathanari Rattapat, General Manager The Small and Medium Enterprises Development Bank of Thailand (SME) or SME Bank D revealed that the flood situation in the lower southern provinces (Satun, Songkhla, Pattani, Yala and Narathiwat provinces) has affected the careers of people and SME owners, both directly and indirectly. According to the report of the Department of Disaster Prevention and Mitigation of the Ministry of the Interior, in order for small and medium-sized enterprise owners in disaster-affected areas to be able to return to work quickly, “Measures to Assist Thai Small and Medium-sized Enterprises Affected by Floods” were issued, including: 1 .Debt suspension measures. A term loan granting the right to suspend principal payments for a period of up to 6 months and 2. Measures to replenish capital, repair, build and rehabilitate companies through loan products with special interest rates. Covers all business groups Loans can be obtained by both natural and legal persons. They can be used to invest, expand, improve, trade and enhance liquidity. Or refinancing, etc., such as “SME D Prompt” loan, maximum loan amount 50 million baht, installment payments for up to 15 years, no principal payments for the first 18 months, “SME Speed ​​Up” loan – maximum The loan amount is 5 million pounds, without guarantees. Installments for up to 12 years, without repayment of principal for the first 6 months, etc.

The above measures are initial assistance. The bank will closely monitor various situations and survey the needs of entrepreneurs. To be prepared to issue further assistance measures, the bank's clients and SME owners can call to request services at SME D Bank branches across the country or request additional information at the call center 1357.

Meanwhile, 1,000 sets of “survival bags” containing daily necessities were delivered. Go help and relieve the suffering of the people already affected. Including appointing branch managers in flood-affected areas. A survey of damage to customers' businesses found that nearly 140 people were directly and indirectly affected, mostly in Yala and Narathiwat provinces.