Post by account_disabled on Dec 30, 2023 0:42:11 GMT -5
Krungsri (Bank of Ayudhya Public Company Limited) reveals progress in providing assistance to SME entrepreneurs affected by the outbreak of coronavirus disease 2019 or COVID-19 through providing low-interest loans. (Soft Loan) to support customer assistance measures from the Bank of Thailand (BoT). Recently, Krungsri has provided such loans in the amount of 9,300 million baht to more than 4,500 SME customers to alleviate customers' suffering during times of crisis. Reinforcing the goal of being the main bank for SME business customers, ready to help customers in every situation. Such measures are in line with the results of a recent survey of SME entrepreneurs who need assistance from financial institutions to be able to move forward with their businesses. Mr. Sayam Prasitsirikul Chairman of the SME Business Banking Group, Bank of Ayudhya Public Company Limited, said, “Due to the COVID-19 outbreak crisis, that has a broad impact on all sectors Including SME entrepreneurs, which are an important sector that creates employment in the Thai economy and are a group of customers that Krungsri places great importance on.
Therefore, Krungsri has issued measures to provide financial assistance to Email Data entrepreneurial customers. SME continuously, such as extending the repayment period for both principal and interest. interest rate reduction Including low interest loan measures that have been implemented in cooperation with the Government Savings Bank. In addition, Krungsri also has low interest loan measures according to the customer assistance program from the Bank of Thailand (BoT). Recently, Krungsri has provided such loans to business customers. More than 4,500 cases, amounting to 9,300 million baht, accounting for more than 10% of the current amount. BoT to various financial institutions This is considered an additional low-interest loan. After granting low-interest project loans of the Government Savings Bank in the amount of 8,800 million baht in April this past.” This low-interest loan measure that Krungsri has supported is in line with the results of a recent survey of SME entrepreneurs that Krungsri conducted regarding the impact of COVID-19. To know the situations that customers face and truly understand their needs. To expedite the presentation of various assistance measures. continuously to the point and more comprehensively 70% of entrepreneurs expect to receive financial support from financial institutions.
Especially new credit lines and low interest loans. From the survey of 297 SME entrepreneurs, it was also found that 89% of entrepreneurs were affected by COVID-19. Most of them had their income drop by more than 40% compared to the previous month. And 43% of entrepreneurs do not have a plan to deal with the immediate impact. Meanwhile, 26% of entrepreneurs are working to expand their businesses online, and 17% have taken steps to reduce costs to cope with the crisis. In addition, the survey found that 67% of entrepreneurs have adjusted their business plans to cope with the cattle crisis. Vid-19 Work has been done to improve the internal management system and develop a new business model to be more online. And 53% of entrepreneurs have used technology to improve sales and marketing strategies through digital marketing, including expanding their business to e-commerce and more online platforms. “Apart from the National Bank's low-interest loan measures that are still open until the end of this year. Krungsri continues to focus on being the main bank for SME customers by offering various financial products and services.
Therefore, Krungsri has issued measures to provide financial assistance to Email Data entrepreneurial customers. SME continuously, such as extending the repayment period for both principal and interest. interest rate reduction Including low interest loan measures that have been implemented in cooperation with the Government Savings Bank. In addition, Krungsri also has low interest loan measures according to the customer assistance program from the Bank of Thailand (BoT). Recently, Krungsri has provided such loans to business customers. More than 4,500 cases, amounting to 9,300 million baht, accounting for more than 10% of the current amount. BoT to various financial institutions This is considered an additional low-interest loan. After granting low-interest project loans of the Government Savings Bank in the amount of 8,800 million baht in April this past.” This low-interest loan measure that Krungsri has supported is in line with the results of a recent survey of SME entrepreneurs that Krungsri conducted regarding the impact of COVID-19. To know the situations that customers face and truly understand their needs. To expedite the presentation of various assistance measures. continuously to the point and more comprehensively 70% of entrepreneurs expect to receive financial support from financial institutions.
Especially new credit lines and low interest loans. From the survey of 297 SME entrepreneurs, it was also found that 89% of entrepreneurs were affected by COVID-19. Most of them had their income drop by more than 40% compared to the previous month. And 43% of entrepreneurs do not have a plan to deal with the immediate impact. Meanwhile, 26% of entrepreneurs are working to expand their businesses online, and 17% have taken steps to reduce costs to cope with the crisis. In addition, the survey found that 67% of entrepreneurs have adjusted their business plans to cope with the cattle crisis. Vid-19 Work has been done to improve the internal management system and develop a new business model to be more online. And 53% of entrepreneurs have used technology to improve sales and marketing strategies through digital marketing, including expanding their business to e-commerce and more online platforms. “Apart from the National Bank's low-interest loan measures that are still open until the end of this year. Krungsri continues to focus on being the main bank for SME customers by offering various financial products and services.