BOT says floods worse than expected, GDP hit; new SME credit scheme due by December

The Bank of Thailand said flooding is lasting longer and spreading wider than initially estimated, denting this year's GDP, and it is mobilizing financial institutions to provide relief to flood-affected individuals and entrepreneurs. The central bank also plans to expand its SME credit boost program, with a new credit portal expected to be operational by December and further measures planned for the first quarter of next year. Affected borrowers and small businesses may be able to access new loans and relief assistance under these initiatives.

SafetyPublished 9 Oct 2026, 07:05 ICTUpdated 2h ago