Mr. Sittikorn Direksuntorn, Director and General Manager The Small Industry Credit Guarantee Corporation (TCG) later revealed that At the TCG Board meeting today (27 Dec. 2023) that the TCG Board of Directors resolved to approve the implementation of the project to assist SMEs entrepreneurs as TCG proposed, including 2 projects:
1. Debt suspension measures Small and medium-sized enterprises (SMEs) affected by the outbreak of coronavirus disease 2019 (project implementation period 18 months, starting 1 January 2024 – 30 June 2025)
According to the following conditions
– Being a SMEs debtor, code 21 (account status code 21 for debtors who are overdue for more than 90 days from the impact of COVID 2019 or NPL) (as of 31 December 2023), both natural persons and juristic persons. with a contract amount not exceeding 10 million baht
– Is a debtor of TCG who participated in the debt restructuring project. and join the measures “TCG is ready to help” and comply with the conditions for a period of 3 months, can suspend payment of installments for 1 year (not later than June 2025).
– After the debt moratorium is due Pay installments according to the original debt restructuring plan.
– It is expected that approximately 64,000 debtors will be able to join the project and return to the system during the debt moratorium period. Depends on the time period for submitting the debtor’s request (total period 18 months and must pay in installments continuously for 3 months).
– Registration opens January 1, 2024 onwards via Line Official Account @tcgfirst and TCG district offices nationwide.
2. Continuing the 3-color measures “pay off debt”, the blue measures reduce the principal by 15% (period 1 January – 30 June 2024)
For TCG debtors participating in the project “TCG is ready to help” restructure TCG’s debt by entering into 3 color measures in the green group. and enter the blue measures (3 color measures: purple, yellow, green)
You are a debtor of TCG, a green group, with a good payment history for 3 consecutive months and want to “pay off debt”. TCG helps the debtor to be lighter. TCG reduces the principal amount by 15% and must pay off the debt within 60 days from the date. approved Project to build on the blue measures, pay off debt, reduce principal by 15% (purple, yellow, green and blue) is an additional project following the 3 color measures.
For debtors in the green group, pay in good installments for 3 consecutive installments who want to get rid of debt. You can submit a request to join the blue measures. Available from January 1, 2024 onwards. The project duration is 6 months, ending June 30, 2024. It is expected to help micro or small debtors return to the system faster. It is expected that approximately 5,000 people will be able to solve their debts.
For debtors who want to receive advice on debt resolution, debt forgiveness, and debt restructuring. You can request a free consultation. at the SMEs Financial Advisory Center or TCG FACenter or register for free consultation at Line Official Account @tcgfirst
2023-12-27 15:10:00
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