LINE BK provides opportunities for Thais to gain funding through “Nano Credit Line” or microfinance for their small business or entrepreneurial endeavor. It is open to those earning 5,000 baht or more and intended to meet the needs of both small business owners and permanent employees who want to start a business. LINE BK aims to give people access to more sources of money in the system and protect them from unreliable, informal loans.

Tana Pothikamjorn, Chief Executive Officer of KASIKORN LINE Company Limited, explained that the current COVID-19 pandemic has not only had an immense impact on our social lives but also on the economy and the financial liquidity of Thai people. LINE BK understands the need for credit loans to assist people with much-needed liquidity. LINE BK is ready to increase opportunities for Thai people to have easier access to money sources through "Nano Credit Line". Nano Credit Line intends to assist SMEs to have reasonable liquidity. For regular income employees, Nano Credit Line is a microfinance project which can help them to find funding sources to start a business.

Interested individuals can apply and receive approval through digital channels on LINE BK in the LINE application, which can be done conveniently and quickly without having to travel to the branch to request credit approval.

"Nano Credit Line" is another option for Thai people to access financial resources. The highlight of the nano lending facility is that it is a digital loan that allows for people with a minimum income of 5,000 baht per month to apply for a loan. By applying and receiving results via LINE, customers don’t have to face any hidden fees or additional charges. The interest rate is no more than 33% per year, with a loan limit of 5,000 - 50,000 baht. Apply once, and borrowers can use the credit line continuously for 1 year. Applicants must be between 20-60 years old, hold a Thai nationality, and earn a minimum of 5,000 baht per month. Applicants can be self-employed (such as business owners), merchants or a regular income employee who wants to start a business. More details on applications and other relevant information can be found at www.linebk.com/th/credit-line.

“LINE BK cares and understands the suffering of people brought about by the global pandemic. Nano Credit Line is another solution for the people who struggle to access funding. It allows people to access the funds in the system easily and safely without the need to borrow and accrue unsafe debts, or risk being deceived by criminals. I believe that it can help mitigate the risk and enhance liquidity for those in trouble during this crisis. It will also help drive the country's economy forward in the midst of this and future pandemics,” said LINE BK's CEO.