Prime Minister urges banks to loan new SME entrepreneurs

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BANGKOK – Prime Minister Prayut Chan-o-cha has inspected progress in the government policy to provide financial aid to small- and medium-sized enterprises, confirmed government spokesman Sansern Kaewkamnerd.

A large number of entrepreneurs who have been provided the SME loan were found to have been former clients of varied banks while others who may plan to start up a business of their own might not be provided such financial aid as yet, he said. Besides, those who might remain in financially-ailing condition might not be given the SME loan either.

The premier called on the Government Savings Bank and all commercial banks to cooperate and benefit from the government’s low-interest rate policy by reviving and restoring the Thai SME sector.