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BOT Urges Banks to Aid Debtors in Energy Crisis with Liquidity Measures

BOT Urges Banks to Aid Debtors in Energy Crisis with Liquidity Measures

Post Today•Economy•19d ago

Reader Briefing

The Bank of Thailand is directing financial institutions to accelerate the use of support mechanisms to bolster credit for businesses and the public facing the energy crisis.

  • •The Bank of Thailand (BOT) is urging financial institutions to actively deploy existing measures.
  • •These measures aim to provide liquidity and financial support to businesses and individuals hit by high energy costs.
  • •The BOT is also open to discussing further assistance with institutions facing regulatory hurdles.

Overview

  • •The Bank of Thailand (BOT) has issued letters (Ref: TB2341/2026 and TB2342/2026) on April 8, 2026, requesting cooperation from financial institutions to assist debtors affected by the economic situation and energy prices.
  • •The ongoing Middle East conflict creates high uncertainty, causing global energy price volatility, increasing production costs for businesses, and pressuring household purchasing power due to rising living costs.
  • •Businesses are experiencing higher production costs, and the public faces increased cost of living and potentially reduced income, directly affecting debtor liquidity and repayment ability.
  • •Financial institutions are being urged to utilize mechanisms such as the Government Savings Bank's Soft Loan program, SMEs Credit Boost, and the 'Have Assets, Gain Liquidity (SMEs Secure+)' framework.
  • •These measures are designed to reduce financial burdens and risks for both debtors and creditors, promoting continuous access to funding.
  • •The BOT requests financial institutions to accelerate the use of these credit support mechanisms to aid businesses and the public needing liquidity or capital for adaptation.
  • •Financial institutions encountering regulatory limitations or operational obstacles in providing additional debtor assistance are encouraged to consult with the BOT.

Full article content is available on the original source.

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Source: Post Today (Original)

Key Quotes

Ms. Vipavin Phromboon
"The BOT therefore urges financial institutions and specialized financial institutions to expedite the utilization of mechanisms and measures supporting credit provision, covering financial, credit, and regulatory aspects, to support loans for businesses and the public who need liquidity or capital to adapt amidst the ongoing energy price crisis."
ธปท. จึงขอความร่วมมือให้สถาบันการเงินและสถาบันการเงินเฉพาะกิจเร่งใช้ประโยชน์จากกลไกและมาตรการสนับสนุนการให้สินเชื่อที่ครอบคลุมทั้งด้านการเงิน ด้านเครดิต และด้านกฎเกณฑ์ เพื่อสนับสนุนสินเชื่อแก่ภาคธุรกิจและประชาชนที่มีความจำเป็นต้องได้รับสภาพคล่องหรือเงินทุนในการปรับตัว ภายใต้วิกฤตราคาพลังงานที่เกิดขึ้น

Key Entities

Organization

Bank of Thailand (BOT)(ธนาคารแห่งประเทศไทย (ธปท.))ℹ️
The central bank of Thailand, issuing directives and support measures for financial institutions.
Financial Institutions(สถาบันการเงิน)
Entities that cooperate with the BOT to provide assistance and credit to debtors.
Specialized Financial Institutions(สถาบันการเงินเฉพาะกิจ)
Institutions that cooperate with the BOT to provide assistance and credit to debtors.
Government Savings Bank(ธนาคารออมสิน)ℹ️
The bank offering the Soft Loan program to help reduce financial costs for financial institutions.

Person

Ms. Vipavin Phromboon(นางสาววิภาวิน พรหมบุญ)
Assistant Governor, Financial Institutions Policy Group at the Bank of Thailand, who made statements regarding debtor assistance.

Law

TB 2341/2026(ธปท. ว. 2341/2026)
A directive from the Bank of Thailand regarding assistance for debtors affected by economic and energy price conditions.
TB 2342/2026(ธปท. ว. 2342/2026)
A directive from the Bank of Thailand regarding assistance for debtors affected by the conflict in the Middle East.

Policy

Low-Interest Loan Program (Soft Loan)(โครงการสินเชื่อดอกเบี้ยต่ำ (Soft Loan))
A program by the Government Savings Bank to reduce financial costs for financial institutions, enabling them to pass on lower interest rates to debtors.
SMEs Credit Boost Program(โครงการ SMEs Credit Boost)
A mechanism to mitigate credit risk for financial institutions in extending new loans to SMEs.
Framework "Have Assets, Gain Liquidity (SMEs Secure+)"(กรอบหลักการ “มีทรัพย์เพิ่ม เติมสภาพคล่อง (SMEs Secure+)”)
A framework allowing financial institutions to flexibly assess collateral value in conjunction with debtor cash flow to improve SMEs' access to credit.