ibank supports SMEs to enter the Halal market

ibank supports SMEs to enter the Halal market. hopes to raise the level of Thai agriculture to the Middle East

Mr. Thaweelap Rittapirom Director and Manager Islamic Bank of Thailand (Ibank) said on the occasion of the 20th anniversary event that the direction of the plan in the second half of the year Ibank aims to promote SMEs. Entering the halal market Because it's not just a food product. But it is a variety of products and services. therefore want to push for a Halal product license that is easy, convenient, inexpensive due to the growing economy of the Middle East therefore want to push Thai agricultural products More exports to the Middle East Because it is a potential market opportunity.

Mr. Taweelap added that Since the beginning of the year, it has been seen that SME and retail customers have clearly continued to recover. especially entrepreneurs in the South boosted by tourism recovery direction of ibank thus aiming to promote government policies To increase capital for entrepreneurs throughout the year 23, it is expected that new loans will be issued around 8,000 million baht, including the use of measures. debtor assistance according to the blue, orange groups according to the Bank of Thailand's criteria by blue group make debt restructuring mainly taking into account the interests of the debtor Consistent with the debtor's ability to repay debt. Measures to help “Orange” groups help debtors through debt restructuring. through the extension of the repayment period alone

As for solving debt problems, NPL admits that at present it has a 20% stake, but there are many large customers who have jointly solved the problem and have made great progress. Therefore, planning to move forward in the second half of the year Therefore, it is driven appropriately. because there are still risks occurring all the time Therefore mainly focusing on taking care of target customers Acknowledged that many customers' symptoms improved due to many positive factors. Therefore choose to give credit according to the group that has the ability support the recovery of the tourism sector and penetration of the halal product market .

Source: Thai News Agency