B250bn loans for flooded businesses

Published: 25/10/2011 at 03:34 PM
Online news:

The cabinet has agreed in principle to allocate 250 billion baht for loans to help flooded manufacturers, small and medium enterprises and independent business operators get back on their feet, Industry Minister Wannarat Charnnukul said on Tuesday.

Mr Wannarat said the cabinet assigned Commerce Minister Kittiratt Na-Ranong, chairman of the economic rehabilitation panel, and the Finance Ministry to jointly consider details of the proposal’s implementation.

Of the total lending portfolio, 210 billion baht will be loans for the SMEs, 15 billion baht for manufacturers in the flooded industrial estates and the remaining 25 billion for independent businesses, he said.

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andreaust
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Discussion 3 : 25/10/2011 at 10:02 PM3
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250billion bhts..there will be many big sharks around..and the floods may help.. 555555555
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lazar
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Discussion 2 : 25/10/2011 at 03:30 PM2
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These loans will be interest free I hope?
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geoffo
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Discussion 1 : 25/10/2011 at 02:36 PM1
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250 Billlon, just this morning it wsa 25Billion , someone added a zero quickly
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B250bn loans for flooded businesses | Bangkok Post: breakingnews