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Over 200,000 participants join in informal debt refinancing scheme
By k on December 13, 2009
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BANGKOK, 13 December 2009 (NNT) – More than 200,000 debtors have registered for the government’s debt refinancing scheme.
Bank for Agriculture and Agricultural Cooperatives (BAAC) President Luck Wajananawat stated that estimated 119,505 people had registered at the bank and the total amount of debt stood at 3.73 bilion THB. Up to 125,169 people participated in the program at the Government Savings Bank (GSB) from 1 to 11 December, 2009. The total amount of debt was 13.83 billion THB A high turnout of registered debtors were reported in the capital city of Bangkok, followed by Nakhon Ratchasima and Khon Kaen. Mae Hong Son was deemed as the least number of registrars. The informal debt refinancing project has recently been launched by the government to help people in debt with loan sharks and underground loans. Registration is available at the GSB and the BACC as well as other special registration venues from 1 to 31 December, 2009. |
Related posts:
- Informal debt refinancing applicants tops 125,000 BANGKOK, 12 December 2009 (NNT) – More than 125,000 people...
- SME Bank expects to commence loan release for informal debts in March BANGKOK, 24 February 2010 (NNT) – Small and Medium Enterprise...
- GSB not change its interest rate BANGKOK, 9 February 2010 (NNT) – The Government Savings Bank...
- Govt confident to solve informal debt problems BANGKOK, 22 November 2009 (NNT) – Prime Minister Abhisit Vejjajiva...
- ovt intent on solving informal debt problem BANGKOK, 4 April 2010 (NNT) – Prime Minister Abhisit Vejjajiva...
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