Thai Commercial Bank Launches Capital Relief Loans to Help SMEs Navigate Energy Crisis
Thai Commercial Bank launched capital relief loans up to 50 million baht with no collateral required to help SMEs cope with rising energy costs caused by Middle East tensions, offering a 2.99% interest rate in year one and 10-year repayment
Thai Commercial Bank is strengthening liquidity support for SME customers to reduce the impact of Middle East tensions, launching sustainable business financing with a maximum credit line of 50 million baht, no collateral required, and 10-year repayment terms.
On April 27, 2025, Pikul Srimahan, Chief Debt Recovery Management Officer and Chief Business Banking Officer at Thai Commercial Bank, stated that the Middle East conflict is creating pressure on Thai business operations, particularly SMEs in the supply chain, due to rising operational costs from increased energy prices.
Following the Bank of Thailand's directive for financial institutions to accelerate assistance to affected customers through new funding and relaxed debt repayment terms, Thai Commercial Bank has launched Sustainable Finance with a special interest rate of 2.99% in the first year, enabling entrepreneurs to invest in long-term cost reduction and competitive advantage.
The sustainable financing package includes business loans up to 50 million baht with no collateral required and a 10-year repayment period, as well as energy-efficient vehicle hire-purchase loans up to 30 million baht with a maximum 5-year repayment term. The bank also offers in-depth consulting, sustainability training seminars, and continuous monitoring of greenhouse gas emission reductions to guide SMEs toward environmentally friendly long-term business transformation.
"The Middle East situation not only affects short-term energy prices but is fundamentally reshaping the overall economic cost structure, forcing businesses to operate under higher costs and greater revenue uncertainty," Pikul said. "Entrepreneurs must view this crisis as an opportunity to transition from energy-dependent business models to clean energy operations that align with future competitive dynamics."
Interested entrepreneurs can contact their relationship managers or call the SCB Business Call Center at 02-722-2222 from today through June 30, 2025.
