In 2022, the maximum amount of online nano loans under supervision in Thailand were 50 thousand and 100 thousand Thai baht. Money Thunder and LINE BK offered the same amount of 50 thousand Thai baht while the rest of the digital lenders would approve up to 100 thousand Thai baht.
Loan limits of nano finance under supervision in Thailand in 2022
(in 1,000 Thai baht)
Characteristic
Value of loan limit in thousand Thai baht
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One Thai baht equals 0.029 U.S. dollars and 0.026 euros as of August 2023.
Nano financing business under supervision of the Bank of Thailand refers to personal loans for business undertakings. The credit underwriting process should be flexible and commensurate with the nature of debtors, such as a start-up business. The total credit line for each loan must not exceed 100,000 baht, with maturity determined by the parties involved.
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GSB Research Center. (December 31, 2022). Loan limits of nano finance under supervision in Thailand in 2022 (in 1,000 Thai baht) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1405546/thailand-nano-finance-under-supervision-loan-limits/
GSB Research Center. "Loan limits of nano finance under supervision in Thailand in 2022 (in 1,000 Thai baht)." Chart. December 31, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1405546/thailand-nano-finance-under-supervision-loan-limits/
GSB Research Center. (2022). Loan limits of nano finance under supervision in Thailand in 2022 (in 1,000 Thai baht). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1405546/thailand-nano-finance-under-supervision-loan-limits/
GSB Research Center. "Loan Limits of Nano Finance under Supervision in Thailand in 2022 (in 1,000 Thai Baht)." Statista, Statista Inc., 31 Dec 2022, https://www.statista.com/statistics/1405546/thailand-nano-finance-under-supervision-loan-limits/
GSB Research Center, Loan limits of nano finance under supervision in Thailand in 2022 (in 1,000 Thai baht) Statista, https://www.statista.com/statistics/1405546/thailand-nano-finance-under-supervision-loan-limits/ (last visited July 22, 2024)
Loan limits of nano finance under supervision in Thailand in 2022 (in 1,000 Thai baht) [Graph], GSB Research Center, December 31, 2022. [Online]. Available: https://www.statista.com/statistics/1405546/thailand-nano-finance-under-supervision-loan-limits/
