Thai central bank prolongs debt moratorium for SMEs


BANGKOK: Thailand’s central bank announced on its website an extension of grace period of debt moratorium for Thai small and medium enterprises (SMEs) as many of their businesses have been adversely impacted by Covid-19.

The Bank of Thailand (BoT) extended the debt moratorium period to June next year for SMEs with a credit line below 100 million baht (US$3.2mil) and difficulty in servicing existing debts, the BoT said.

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