Thailand to form national credit agency

By Reuters

Aug 14, 2024 12:17 am

BANGKOK — Thailand's Cabinet on Tuesday approved a plan to set up a national credit guarantee agency to improve loan access, particularly for smaller businesses, a deputy finance minister said on Tuesday.

The agency will provide financial risk guarantees for smaller firms seeking loans from banks, Paopoom Rojanasakul said in a statement.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

US trade deficit expands to widest in September

BoJ to keep raising interest rates

Bitcoin hits new record high of more than $75k

Bank Indonesia ready to stabilize rupiah

Nvidia now world's biggest company

Toyota maintains net profit forecast

The Home Depot co-founder Bernie Marcus dies at 95