Krung Thai Bank's director announces expanded unsecured lending and supply-chain financing to reach SMEs and microenterprises underserved by commercial banks. The bank is deploying ฿120,000 million in SME credit this year and actively managing borrower debt through interest-rate reductions (e.g., teacher loans cut from 6.025% to 4%) rather than simple write-offs. This positions Krung Thai as a complementary social lender filling gaps commercial banks leave unaddressed, with 2 million grassroots customers and 18 million MyMo app users.
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