BoT extends debt relief enrolment deadline

The Bank of Thailand has extended the registration deadline for the “You Fight, We Help” debt relief programme, aimed at supporting vulnerable borrowers amid growing uncertainty and slower economic growth.

- SOMRUEDI BANCHONGDUANG

The central bank, Finance Ministry, National Economic and Social Development Council, commercial banks, financial institutions, and non-bank lenders, which are all collaborating in the scheme, have agreed to extend the registration deadline from April 30 to June 30, 2025, due to the ongoing economic malaise.

The central bank said a significant number of vulnerable borrowers continue to struggle with debt repayment, while many fragile borrowers remain interested in joining the programme.

Between Dec 12, 2024 and April 12, 2025, 1.3 million borrowers with 1.6 million loan accounts registered to join the You Fight, We Help programme.