Krungsri speeds up support for SMEs hit by new virus surge

Jan 28. 2021

Duangkamol Limpuangthip, head of Krungsri’s SME Banking Group

By The Nation

Krungsri (Bank of Ayudhya Plc) said it is accelerating rollout of relief measures for small and medium-sized enterprises, including retail businesses, affected by the new wave of Covid-19. Among them is the launch of an ad-hoc team of relationship managers to maintain regular contact with customers and offer appropriate measures.

These include debt restructuring, soft loans offered by the Bank of Thailand, and soft loans for tourism offered by the Government Savings Bank (GSB).

“To date, Krungsri has approved Bt21.5 billion in soft loans for over 7,000 SME customers,” said Duangkamol Limpuangthip, head of Krungsri’s SME Banking Group.

The bank said it has also suspended debt repayments on Bt110 billion of loans for more than 28,000 SME customers, and offered relief on outstanding loans of Bt42 billion.

SME customers can contact relationship managers or apply for relief programmes at Krungsri.com or by calling 1572.

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Covid-19 relief measures

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