Credit league offers loan help to ease liquidity woes | Bangkok Post: news

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Credit league offers loan help to ease liquidity woes

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The Credit Union League of Thailand Ltd says it will step in to help Klongchan Credit Union Cooperative Ltd cope with its liquidity problems. 

Credit union league chairman Mana Sudsanguan said yesterday the league was ready to lend funds to the Klongchan union cooperative to help ease liquidity problems facing small cooperatives which operate under it.

The cooperative's assets have been frozen during an investigation by the Department of Special Investigation (DSI) and the Anti-Money Laundering Office (Amlo).

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