Krungsri Group's help for flood victims

FRIDAY, OCTOBER 14, 2011
Krungsri Group's help for flood victims

Krungsri Group is providing relief measures to clients, which include principal and interest holidays and loan tenor extension.



 For large and medium-sized customers with direct impact, Bank of Ayudhya and affiliates will offer up to six-month moratorium on principal payment. Lower interest rates are available on a case by case basis.
 For retail customers, the group will offer a combination of principal moratorium and interest rate cut or waiver.
 “Our main focus is to ensure the well-being of our customers and staff. For our staff, they receive October salary earlier than usual, as well as special financial aid and interest-free welfare loans. We will keep a close watch on the developments as the water continues to move and will be ready to provide further assistance to them during this period,” said Mark Arnold, president & CEO of Krungsri Group.