Thai SMEs facing problems accessing credit

Less than half of 3.2 million SMEs have access to loans from financial institutions. — Reuters

BANGKOK: Thailand needs to urgently resolve problems of credit access for small and medium enterprises (SMEs), which are key for the economy, a deputy central bank governor says.

The problems are structural, and the Bank of Thailand (BoT) and the Finance Ministry are working to fix the issues, Ronadol Numnonda said at a seminar yesterday.