38.7 C
Bangkok
Friday, May 3, 2024

Thailand’s Export-Import Bank set to extend two-month debt relief period

EXIM Thailand president Rak Vorrakitpokatorn said, if customers still have financial problems after the end of the two-month debt relief period, the bank is ready to extend the principal and interest suspension period until the end of the year.

The Export-Import Bank of Thailand (EXIM Thailand) is to extend the two-month debt relief period, which began last month, until the end of the year, to ease the impacts of the COVID-19 pandemic.

EXIM Thailand president Rak Vorrakitpokatorn said, if customers still have financial problems after the end of the two-month debt relief period, the bank is ready to extend the principal and interest suspension period until the end of the year.

He said the bank has already provided liquidity of around 2.2 billion baht to four out of eight local airlines, adding that the economy has yet to recover as a consequence of the new wave of the pandemic.

Mr….

Read more…

Latest Articles