Thailand Helps People and Small Businesses with Money

May 8, 2026, 22:22
AsiaFinance

Introduction

The Bank of Thailand and the Government Savings Bank want to help people. They have new plans to help small businesses and families with high prices.

Main Body

The Bank of Thailand will change bank fees in July. Some fees for credit cards and accounts will be lower. This is because digital banking is now cheaper. Small businesses can get more loans. The bank has three new programs to give money to these businesses. This helps them pay for energy and keep their shops open. The Government Savings Bank has 1 billion baht for parents. Parents can borrow up to 10,000 baht for their children's school. The interest rate is very low.

Conclusion

Thai banks are lowering fees and giving cheap loans. They want to help families and businesses during these hard times.

Learning

πŸ’‘ The 'Helping' Pattern

In this text, we see how to talk about giving or providing something to someone. This is a key skill for A2 English.

1. The Action Word: 'Help' Look at these patterns from the story:

  • Help people β†’\rightarrow (Action + Person)
  • Help small businesses β†’\rightarrow (Action + Group)

2. Giving Money (Simple Words) Instead of using hard words, the text uses these simple pairs:

  • Get β†’\rightarrow Small businesses can get more loans.
  • Give β†’\rightarrow Programs to give money.
  • Borrow β†’\rightarrow Parents can borrow 10,000 baht.

3. Describing Costs (The 'Low/High' Scale) To describe money in A2 English, use opposite words:

  • High prices ↔\leftrightarrow Low interest rate
  • Lower fees ↔\leftrightarrow Cheaper banking

Quick Tip: When you want to say something is less expensive, you can say it is 'lower' (for fees/rates) or 'cheaper' (for services/items).

Vocabulary Learning

bank (n.)
A building where people keep money.
Example:I went to the bank to deposit my paycheck.
credit (n.)
An amount of money that a bank gives you to use.
Example:She applied for a credit card to buy a new phone.
loan (n.)
Money that you borrow and must pay back later.
Example:The bank gave him a loan to start a small business.
interest (n.)
The extra money you pay when you borrow money.
Example:The interest rate on the loan is very low.
fees (n.)
Small charges that a bank adds for services.
Example:The bank reduced its fees for checking accounts.
digital (adj.)
Relating to computers and electronic devices.
Example:Digital banking lets you manage money online.
cheaper (adj.)
Less expensive.
Example:Digital banking is now cheaper than paper statements.
energy (n.)
The power used to run things.
Example:The business needs money to pay for energy.
shop (n.)
A place where you buy goods.
Example:They keep their shop open until 8 p.m.
parent (n.)
A mother or father.
Example:Parents can borrow money for their children's school.
children (n.)
Young people who are not adults.
Example:Children need school supplies for the new term.
school (n.)
A place where children learn.
Example:The bank offers loans to help children pay for school.
hard (adj.)
Difficult or tough.
Example:These hard times require extra support.
time (n.)
A period when events happen.
Example:We have to finish the project by this time.