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SME Bank to grant loans to riot affected businesses in Thailand

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The Small and Medium Enterprises Development Bank has prepared 5 billion THB for loans to businesses affected by the recent political unrest and riots.

Deputy Finance Minister Pradit Phataraprasit announced that the SME Bank will help rally and riot affected entrepreneurs via its SME Power for the New Day project by issuing loans up to 1 million THB payable in six years without the need for collateral.

More than 2,000 riot affected business owners from Ratchaprasong, Pratunam, Siam Square, Silom, Center One Mall, and Victory Monument were invited to be briefed on the details of the project on Wednesday at Royal Paragon Hall, Siam Paragon.

via SME Bank to grant loans to riot affected businesses : National News Bureau of Thailand.

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