Government Launches Flood Relief Measures

Today (1 October 2026) at 10:10 AM, at the National Disaster Prevention and Mitigation Command Center (Building 3, 5th Floor, Department of Disaster Prevention and Mitigation), Ms. Lalida Peritwiwatana, Deputy Government Spokesperson, announced that the Ministry of Finance has established a "Flood Relief Coordination Center" at the Ministry. This center serves as a hub for receiving inquiries, providing information, and coordinating assistance for citizens and business operators affected by the floods, consolidating relief measures and support channels from relevant agencies into a single point of contact.

Ms. Lalida stated that the center coordinates operations with seven specialized financial institutions namely the Government Savings Bank (GSB), the Bank for Agriculture and Agricultural Cooperatives (BAAC), the Government Housing Bank (GH Bank), the Islamic Bank of Thailand, the Small and Medium Enterprise Development Bank of Thailand (SME D Bank), the Export-Import Bank of Thailand (EXIM Bank), and the Thai Credit Guarantee Corporation (TCG) as well as the Office of Insurance Commission (OIC).

Ms. Lalida noted that the measures are categorized into... 1. Damaged housing:

- GH Bank (Government Housing Bank): Offers loan measures for repairing or rebuilding homes with a limit of 2 million baht, 0% annual interest, and a 3-month initial payment holiday. Also offers "Repair-Renovate" and "Repair-Renovate Plus" loan schemes with a limit of up to 300,000 baht and a repayment period of up to 5 years.

-Government Savings Bank (GSB): Offers a home rehabilitation loan measure with a limit of 1 million baht, a repayment period of up to 40 years, and 0% annual interest for the first 3 months.

- Islamic Bank of Thailand (IBank): Offers a housing repair and rehabilitation loan scheme with a limit of 1 million baht, a repayment period of up to 20 years, and an initial profit rate starting at 1.99% per annum.

Ms. Lalida stated: 2. Individuals whose income generation has been affected: GH Bank, Islamic Bank, and GSB offer measures to suspend debt and interest payments or suspend principal payments, as well as debt restructuring schemes that extend repayment periods and reduce interest rates. 3. Individuals requiring liquidity:

- Government Savings Bank (GSB): Offers an emergency loan scheme. ...to boost liquidity: a credit line of 20,000 baht with 0% interest for the first 3 months; and a disaster relief loan scheme with a credit line of 50,000 baht and 0% interest for the first 3 months.

- BAAC offers an emergency expense loan scheme with a credit line of 50,000 baht and 0% interest for the first 6 months.

Ms. Lalida stated: 4. Affected business sectors

- Government Savings Bank (GSB) offers a relief loan scheme for disaster-affected SMEs with a credit line of 5 million baht and an interest rate of MLR - 2.65% per annum, as well as a small-scale recovery loan scheme for disaster victims with a credit line of 300,000 baht and 0% interest for the first 3 months.

- BAAC offers a recovery and quality-of-life improvement loan scheme with a credit line of up to 500,000 baht and an interest rate of MLR - 2.00% per annum.

- EXIM Thailand offers liquidity support measures for business operations, providing a credit line equal to 20% of the existing limit at the original interest rate.

- SME Bank offers a loan scheme to assist disaster-affected borrowers, providing an emergency credit line of 10% of the existing limit (capped at 200,000 baht) at the MLR interest rate; it also offers a suspension of principal and interest payments for term loans for up to 12 months and for working capital facilities for up to 180 days.

- Islamic Bank of Thailand... There is a business rehabilitation loan scheme for SMEs with a credit limit of 5 million baht and a profit rate of 3.25% per annum for the first year.

Ms. Lalida stated that for individuals and business sectors holding non-life insurance or credit insurance policies:

- GH Bank (GHB) has implemented urgent claims measures to expedite claim settlements for affected customers.

- TCG has implemented credit guarantee measures, including the suspension of guarantee fees and management fees, as well as the suspension of installment payments for debtors undergoing debt restructuring.

- Islamic Bank of Thailand (ibank) has implemented a "Fast Track" insurance claim measure to urgently coordinate and process claims.

Interested parties seeking further details may contact the respective financial institutions via their call centers and Line accounts as follows:

Government Savings Bank (GSB): 1115, @GSBSociety

Bank for Agriculture and Agricultural Cooperatives (BAAC): 02 555 0555, @baacfamily

Government Housing Bank (GHB): 02 645 9000, @GHBANK

SME Development Bank (SME D Bank): 1357, @smedevelopmentbank

Export-Import Bank of Thailand (EXIM Thailand): 02 169 9999, @EXIMThailand

Islamic Bank of Thailand (ibank): 1302, @ibank

Thai Credit Guarantee Corporation (TCG): 02 890 9999, @tcgfirst