Thailand approves US$2.8bil soft loan scheme for commercial banks


Thailand's Prime Minister Srettha Thavisin. - Photo: Reuters File

BANGKOK: Thailand's cabinet on Tuesday approved a 100 billion-baht ($2.8 billion) soft loan scheme where funds would be lent to commercial banks so they could on-lend to borrowers at below-market rates, a deputy finance minister said.

The programme is aimed at helping smaller businesses obtain loans, Paopoom Rojanasakul told reporters after a cabinet meeting.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thailand , Srettha Thavisin , soft loan

Next In Business News

Mixed bag for PETRONAS
Time in the sun for non-solar
Growing with industrial parks
Charting a bigger course
Will Value Up plans sway investors?
Student housing set for growth
Chinese buyers driving Malaysian boom
The economics of demolition
SC, Bursa Malaysia launch inaugural InvestSmart x Bursa Marketplace Fair 2026
Macao offers Malaysian companies a bridge to China - MCBC chairman

Others Also Read