Bangkok Bank launches 20-billion-baht Bualuang Transformation Loan program to support SME and facilitate their competitiveness and sustainable growth with a fixed interest rate of 5% per year

"Bangkok Bank places great emphasis on taking care of all customer groups as a trusted partner and reliable friend who stays close to them so that we can get through this crisis together. Bualuang Transformation Loan is a special loan program to provide assistance to SME customers in addition to our existing loan assistance programs. For the group that needs to get the loan to recover their business, the Bank is not only offering loans, but also continuing to closely monitor and evaluate the situation and provide advice to customers accordingly. Another group is SME customers who need to adjust their business to the current situation and the various opportunities it provides. For this group, we will focus on supporting investment to improve or procure machinery, equipment and tools, as well as systems and processes, in three key areas of business transformation: digital technology, green business, and innovation. This will help enhance their business potential by increasing their competitiveness and ability to deliver sustainable growth."

Mr. Chartsiri said: "Amid this global economic volatility, Bangkok Bank is ready to take action to support customers to overcome challenges and difficulties together. If the situation changes and our customers require further support for other reasons, we will consider providing assistance in addition to this special loan program."

Interested SME businesses, both existing or new customers, can apply for the Bualuang Transformation Loan from February 1, 2024, to January 31, 2025, (or when credit limit of the program has been fully utilized) by contacting your business relationship officer, business center or Bangkok Bank branch nationwide. For more information, please contact Bualuang Phone 1333 or 0 2645 5555 or visit www.bangkokbank.com.

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