Mr Worachat says Grab Thailand is proactively supporting small and medium-sized restaurant operators with the introduction of a new loan product for juristic merchant partners with a maximum credit limit of 1 million baht.
Grab Thailand plans to extend loans worth up to 1 million baht to its merchants to capitalise on digital lending opportunities, aiming for profitability for a second consecutive year in 2023.
According to the “eConomy Asia 2023” report by Google, Bain and Temasek, digital lending in Thailand in 2023 is estimated at US$12 billion, up 65% from 2022, with average growth from 2023-25 at 31%, reaching $21…
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