Finance chiefs point THA to IBank for aid | Bangkok Post: business

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Finance chiefs point THA to IBank for aid

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The Finance Ministry turned down a request by the Thai Hotels Association (THA) for at least 10 billion baht in aid to help small and medium-sized tourism operators survive the business downturn. 

Instead, the ministry advised the THA to discuss financial assistance with the Islamic Bank of Thailand (IBank).

THA president Surapong Techaruvichit said most SME tourism operators cannot access the 5-billion-baht soft loan programme approved recently by the government due to lack of qualifications.

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