BoT: SME debtors need extension

Outstanding loans valued at B15bn

Some 5% of total outstanding debts of borrowers classified in the small and medium-sized enterprise (SME) segment still need to extend their participation in the debt holiday programme until June 2021, says the Bank of Thailand.

The debt holiday extension for the 5% portion of SME debtors, who have a credit line of no more than 100 million baht, covers either principal or interest repayment on a case-by-case basis.

The 5% portion is valued at around 15 billion baht of total outstanding SME debts that applied for the existing debt relief measures, where assistance is provided on a case-by-case basis.

Given a marginal ratio of fragile SME loans, the central bank does not have a lot of concerns about non-performing loans (NPLs) of this business…

BoT: SME debtors need extension