Regarding the credit situation ofThailand's financial institution system,which has been continuously contracting, especially SME loans that have declined the most. According to Kasikorn Research Center, SME loans are expected to remain negative in 2026 for the fifth consecutive year, marking the longest continuous decline since the post-1997 Asian financial crisis. This creates an urgent need for targeted measures to assist the SME loan segment, particularly to stimulate more lending in specific sectors.
Dr. Sitthikorn Direksunthorn, Director and General Manager of the Small Industry Credit Guarantee Corporation (BOCG) revealed that in response to this situation, BOCG has implemented the "BOCG Quick Big Win" loan guarantee measure to encourage financial institutions to increase lending. The latest results (as of 2 February 2026) show that approved loan guarantees have reached 10 billion baht. In January 2026 alone, loan guarantees amounted to 7.125 billion baht, a growth of 217% compared to the same period last year. This has helped drive grassroots economic growth from the start of the year, importantly providing liquidity to SMEs needing investment, business expansion, and support in a volatile economic climate.
From the 10 billion baht in approved loan guarantees, new loans within financial institutions totaled 10.77 billion baht, benefiting 13,126 SMEs. Nearly 50% are micro SMEs with loan guarantee amounts not exceeding 200,000 baht per case, considered a "vulnerable group" facing difficulties accessing loans. Additionally, this measure preserved 82,500 jobs and generated economic benefits exceeding 41.3 billion baht from the loan guarantees. This reflects the success of the BOCG Quick Big Win program: "short-term stimulus, long-term results, broad reach," encouraging financial institutions to lend more and enabling SMEs easier access to formal credit.
“The 10 billion baht guarantee volume achieved within just 48 days after launching the BOCG Quick Big Win measure proves that this program enhances credit capability (Credit Enhancement) while reducing credit costs and increasing loan approval rates for SMEs, especially micro SMEs lacking collateral or guarantors. Moreover, BOCG offers other tools, including debt restructuring and solutions for debtors who have had claims paid through BOCG measures, along with financial education through the F.A. Center advisory service, helping SMEs survive, sustain, and grow sustainably,” Dr. Sitthikorn said.
A highlight of the "BOCG Quick Big Win" measure, with a 50 billion baht guarantee limit, is the 7-year guarantee term with no guarantee fees for the first 3 years, andfees thereaftercalculated based on risk levels(Risk-based pricing). Additionally,BOCG has introduced the credit scoring tool "TCG Score" to assess customer risk levels to reduce financial costs. Another key feature is high NPL compensation rates (Max Claim) to lower credit costs and stimulate financial institutions to increase lending, providing liquidity to SMEs and micro SMEs in the system.This measurealso contributes to revitalizing SME loans that had been declining.
Furthermore, BOCG has synergized with the “SMEs Credit Boost” guarantee mechanism, which covers risk guarantees for ‘new loans’ provided by commercial banks to target businesses. This is expected to increase new loan disbursements by about 100 billion baht over the next 1-2 years. Currently, BOCG operates as the system operator, developing infrastructure to connect financial institutions and SMEs, such as accepting applications, verifying client qualifications, and controlling total loan limits. This integrates BOCG’s current operating model with the SMEs Credit Boost project to enhance guarantee mechanisms and improve assistance efficiency for SMEs in Thailand.
SME entrepreneurs interested in joining the “BOCG Quick Big Win” loan guarantee measure can check their financial health and book a consultation via LINE OA: @tcgfirst for free, or contact any of BOCG’s 11 regional offices covering all areas, or call the BOCG Call Center at 02-890-9999.
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