Emergency loans

SMEs need relaxed lending criteria from banks

The business sector calls on the government to help cope with the growing financial difficulties of small and medium-sized enterprises (SMEs) ahead of the country’s official reopening by mid-October, as Prime Minister Prayut Chan-o has promised -cha on June 16. Speaking after a joint meeting between the Federation of Thai …

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UPDATE 1-Spanish banks face antitrust investigation into COVID loan marketing

(Adds Caixabank, Sabadell reactions, pre ICO complaints, background) MADRID, June 16 (Reuters) – Spain’s competition watchdog is investigating possible anti-competitive practices by Banco Sabadell, Santander, Caixabank and Bankia in marketing state-backed coronavirus loans. The CNMC said in a statement on Wednesday that it had opened disciplinary proceedings against the banks …

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