Finance Ministry urges banks to help flood-hit customers more
The Finance Ministry has convened a meeting to discuss ways to relieve difficulties of people in flood-hit areas.
Participants of the meeting include representatives of the Thai Bankers’ Association, the Government Savings Bank, and the Bank for Agriculture and Agricultural Cooperatives.
Chairman of The Thai Bankers' Association Chartsiri Sophonpanich disclosed that the Association’s member banks had agreed to extend repayment periods for their customers in flood-torn areas. Other plans are under way to make sure that the affected customers receive proper care.
The Finance Ministry has also asked commercial banks to offer other forms of help, aside from delaying loan repayment. The Ministry suggested that commercial banks donate food and other necessities, hire vocational students to fix houses or vehicles of flood victims and install ATM machines at evacuation centers courtesy of the Thai Bankers’ Association.
BANGKOK, 4 October, 2011 (NNT) – Reporter : Vipaporn Pooritanasarn
News Date : 04 October 2011
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