The Latest Breaking News from TCG

State-owned Thai Credit Guarantee Corporation (TCG) has set a loan guarantee target of 120 billion baht for this year, says general manager Sittikorn Direksoonthorn.

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The Finance Ministry and the Bank of Thailand are considering looser terms for loan guarantees for the central bank's soft loan scheme, aiming for easier access for small and medium-sized enterprises (SMEs), says a ministry source who requested anonymity.

The state-owned Thai Credit Guarantee Corporation (TCG) has requested the Finance Ministry endorse its plan to launch Port Guarantee Scheme 10 (PGS10), with the aim of helping small and medium-sized enterprises (SMEs) access its loan guarantee on a lower cost basis, said TCG president Sittikorn Direksoonthorn.

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Thai Credit Guarantee Corporation (TCG), a state-owned specialised financial institution, is capitalising on digital technology and new strategies to help more small and medium-sized enterprises (SMEs) access loans from financial institutions.

The Commerce Ministry has teamed up with the Export-Import Bank of Thailand (Exim Bank) and the Thai Credit Guarantee Corporation (TCG) to establish a loan matching scheme for export-oriented small and medium-sized enterprises (SMEs) to leverage the Regional Comprehensive Economic Partnership (RCEP) trade pact that started earlier this year.