Council targets loans to 1 million SMEs
The Small and Medium Enterprises Council has set up a “Smart SMEs Programme” to boost up to 1 million SMEs, the council’s president Chaiwat Hansomwong said yesterday.
“This is the way to solve the problem that SMEs cannot get loans from the commercial banks,” he said.
Currently, the country has up to 3 million SMEs, but only 1 million have so far applied to get loans from the commercial banks, with the remaining 2 million deemed ineligible for bank loans.
