TCG reveals operating results January – October 2022 Approved 128,581 million baht in loans, received 78,510 loans, approved 82,461 letters of guarantee (LG), generating 140,958 million baht of credit in the system, retaining 893,073 jobs. Continue to lead the digital transformation strategy
Mr. Sittikorn Direksunthorn Director and Chief Executive Officer Small Industry Credit Guarantee Corporation (TCG) disclosed that TCG’s performance during the 10-month period between January 1 and October 31, 2022 was positive. Helping SMEs access continuing credit 128,581 million baht in guarantees approved, 78,510 loans obtained, 82,461 letters of guarantee (LG) approved, generating 140,958 million baht of credit in the system, retaining 893,073 jobs and creating economic benefits of 531,039 million baht, supported by credit guarantee programs, including:
1. TCG SME Credit Guarantee Project (PGS 9) amounts to 65,985 million baht, 51% rate (average 3.93 million baht for LG), the remaining credit limit is 1,100 million baht and the end of the project is November 30, 2022.
2. Credit Guarantee Project, Royal Decree on Rehabilitation Phase 2 (Adjustment Credit), amount 48,076 million baht, 37% stake (average 3.50 million baht for LG)
3. Trade and Renewed Credit Guarantee Project, amount of 9,202 million baht, percentage of 7%
4. TCG’s credit guarantee project, Micro must win (Micro 4), proportion 4%, credit limit 4,473 million baht (average 90,000 baht for LG).
5. PGS loan guarantee project, special period, extra soft loan, credit line 845 million baht, 1% stake
“The top 3 groups of enterprises guaranteed by TCG, occupying 50% of the total guarantee, are the service sector 28%, the agricultural sector 11%, the manufacturing and commercial sector 11%, with the agricultural sector having a considerable Rate of growth. it rose from 6th place in 2020 to 2nd place in 2022. By the end of 2022, the operating results are expected to have a total credit guarantee approval amount of more than 140,000 million baht.
With regards to servicing debtors, TCG has acted in line with government policy. debt year “Sustainable Debt Solving” helps debtors get out of debt traps, solves debts through debt restructuring measures, “TCG Ready to Help”, low installment, light or measure 3, purple, yellow, green, helps to resolve the debt and improve the debt structure. success beyond expectations An increase of more than 80%. There were 9,809 registered TCG debtors, 4,785 debt restructurings, a percentage of 49%, or approximately 2,058 million baht. At the end of the year, it is expected to help more than 7,000 debtors.
“The 3 colors, purple, yellow, green, debt relief measures for TCG customers are outstanding measures this year. Most of them are micro-group debtors, with the “green” measure being the most popular, 79%, 0% interest, a 7-year installment period, cutting off the entire principal amount. The first payment is only 10%, the debt limit per person is 100,000 baht.
in being a financial adviser which is a free advisory service from the SME Financial Advising Center (TCG. FA Center) to develop the potential and enhance the capabilities of all groups of SME entrepreneurs. Request up to 1,454 loans, over 515 debt restructuring advisories, and 337 business development projects, totaling over 12,000 million baht in loan requests.
