SME Bank to help ex-convicts

SME Bank to help ex-convicts

Small and Medium Enterprise Development Bank of Thailand will extend interest-free loans up to 50,000 baht each to ex-convicts so they can start new careers.

Loans will come from the bank's CSR budget, says Mrs Salinee. (Bangkok Post file photo)

The programme is a cooperation between the Justice Ministry's Probation Department and the Christian Prison Ministry Foundation, said SME Bank chairwoman Salinee Wangtal.

"We set aside 1 million baht of our CSR (corporate social responsibility) budget to support the programme, which helps new ex-convicts start careers and support their families. The loans are to be repaid in two years," she said.

The Probation Department and the foundation will help screen ex-convicts eligible for the programme.

"We approved 10 loans on Tuesday for ex-convicts seeking to sell food and snacks and repair motorcycles," she said.

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