UOB (Thai) offers customers flexible repayment options for personal and business loans during COVID-19 pandemicUnited Overseas Bank (Thai) (UOB (Thai)) has launched a financial assistance programme to help its customers, from retail to small- and medium-enterprise (SME) customers, manage their loan repayments during the COVID-19 pandemic. UOB and TMRW credit cardholders with good records will now have a lower minimum payment rate[1] of 5.0%, instead of 10.0%, for their UOB credit card balances. The loan interest rate for UOB CashPlus has also been revised from 5.0% to 2.5% from 1 April 2020. Customers with a i-Cash personal loan can request to defer payment for three months. For UOB CashPlus, the minimum payment rate will be adjusted to 2.5% until the end of 2022 and back to normal at 5.0% in 2023.

Source: Bangkok Post April 09, 2020 10:18 UTC