Finance Ministry preps relief for 33 affected provinces
Borrowers at state-owned financial institutions to get a break
State-owned GH Bank plans to participate in the relief scheme consisting of a debt holiday, suspension of principal repayment and an interest reduction for borrowers.
The Finance Ministry is set to propose relief measures for cabinet approval next week to help borrowers at state-owned financial institutions in 33 provinces affected by stringent containment restrictions.
State-owned banks, such as GH Bank and the Small and Medium Enterprise Development Bank of Thailand, plan to participate in the project to aid borrowers in 28 provinces, such as Bangkok, Nonthaburi, Nakhon Pathom and Samut Prakan, designated as red zones, where strict…
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