BoT: Debt holiday for those in need

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The Pathumwan intersection and its skywalk is void of traffic and people during the lockdown hours in the capital.  Pattarapong Chatpattarasill
The Bank of Thailand is allowing a two-month debt holiday for individuals and small and medium-sized enterprises (SMEs) suffering a direct impact from the government's latest lockdown measures to combat the pandemic.
The measure, which includes the cooperation of the Thai Bankers' Association and the Association of International Banks, targets employees and employers in 10 provinces who have temporarily closed businesses as a result of the tighter lockdown measures.
This measure starts with monthly debt payments for July.
Borrowers who want to apply for this debt suspension measure can contact creditors from July 19.

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