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BRICS to launch guarantee fund to boost investment in member nations
BRICS to launch guarantee fund to boost investment in member nations
FRIDAY, JULY 04, 2025
The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to reduce financing costs and encourage investment, according to two sources familiar with the matter who spoke to Reuters.National Credit Guarantee Agency to be set up
National Credit Guarantee Agency to be set up
WEDNESDAY, AUGUST 14, 2024
The new legal entity, which should come into effect next year, will overhaul the country’s credit guarantee systemFinance Ministry restructuring credit guarantee to help SMEs access loans
Finance Ministry restructuring credit guarantee to help SMEs access loans
SATURDAY, JUNE 22, 2024
The Ministry of Finance would propose the establishment of a new public organisation aimed at restructuring financial support for credit guarantees with the objective of facilitating greater access to loans for small and medium-sized enterprises (SMEs), Deputy Minister of Finance Phaophum Rojanasakul said.Finance Ministry set to seek Cabinet approval for 50 billion baht SME loan guarantees
Finance Ministry set to seek Cabinet approval for 50 billion baht SME loan guarantees
WEDNESDAY, MARCH 13, 2024
The Finance Ministry will soon call on the Cabinet to approve a new round of credit guarantees worth 50 billion baht for SMEs, a government spokesperson said.TCG to guarantee Bt30bn in loans for small businesses
TCG to guarantee Bt30bn in loans for small businesses
FRIDAY, JULY 10, 2020
The Finance Ministry has asked the Thai Credit Guarantee Corporation (TCG) to guarantee Bt30 billion in SME loans, but will set up a separate Bt50-billion fund to support small and medium-sized businesses hardest hit by Covid-19 and the economic contraction.
TCGC Guanantee on Bt13,5 bn loans from six banks
TCGC Guanantee on Bt13,5 bn loans from six banks
WEDNESDAY, JUNE 06, 2018
The Thai Credit Guarantee Corporation (TCGC) has guaranteed loans worth a total of Bt13.5 billion to 140,000 customers from six commercial banks, following the Micro Entrepreneurs phase two, said TCGC’s vice president Vichet Vorakul . 