TCG issued measures to help SMEs affected by floods.

Dr. Rak Worakit Pokharat, Director and General Manager The Small Industrial Credit Guarantee Corporation (TCG) revealed that TCG has issued 2 measures to help SMEs affected by the tropical storm disaster. There are 32 affected provinces from the Department of Disaster Prevention and Mitigation (O.P.)

Therefore, in order to provide assistance to SMEs, TCG has issued 2 measures to provide assistance consisting of

1. Measures to suspend payment of credit guarantee fees for a period of 6 months for current SMEs customers of TCG that are affected by the disaster. Which is an SMEs customer who is due to pay the fee by March 31, 2020. The financial institution will inspect the damage and the impact of the client to confirm to join the measure.

2. Measures to assist TCG's debtors by suspending repayment of installments for a period not exceeding 6 months, which are TCG's debtors that are due by 31 October 2019. Can request through the headquarters or district offices of all 10 TCG to participate in the measures. As for SMEs that are affected by the floods And receiving credit approval from a financial institution to enhance liquidity As well as getting credit under the measures to help SMEs, financial institutions can also participate in the PGS8 credit guarantee program, which is also free of charge for the first 2 years as well.

"At this time, TCG urges to survey the damage of the operators that are TCG customers in order to summarize and assess the damage and provide immediate assistance. Therefore, these measures have been officially started immediately. Ready to visit the area to meet SMEs. Currently, TCG has customers in 32 provinces, totaling more than 80,000, representing a credit guarantee of over 90,000 million baht. TCG would like to encourage those affected by the floods in This time, "said Dr. Rak.

However, before this, the Northeastern District Office, 1 TCG, went down to donate 100 packs of drinking water to flood victims in Kham Khuean Kaeo District, Yasothon Province, which received High flood impact Including other areas as well