Showing 1 - 10 of 28
New GSB boss plans overhaul
Business, Wichit Chantanusornsiri, Published on 21/01/2015
» Newly appointed president of the Government Savings Bank (GSB) Chatchai Payuhanaveechai aims to push the state-owned bank to be a leading lender for the low-income people of Asean.
New chief appointed for GSB
Business, Wichit Chantanusornsiri, Published on 31/10/2014
» Chatchai Payuhanaveechai, an executive vice-president of Kasikornbank (KBank), has been appointed president of the Government Savings Bank (GSB).
GSB frets over annual loan growth target
Business, Wichit Chantanusornsiri, Published on 21/03/2014
» The Government Savings Bank (GSB) is concerned about achieving its full-year target of 4-4.5% loan growth in light of the slowing domestic economy and delays in public investment, according to outgoing president Worawit Chailimpamontri.
Rice politics threatens to sink the economy
News, Published on 23/02/2014
» The mistakes from the controversial rice-pledging scheme have proven to be a costly lesson for everyone.
Run on GSB funds shows public distrusts rice scheme
News, Wichit Chantanusornsiri, Published on 20/02/2014
» The heavy deposit run at the Government Savings Bank (GSB) may not be a crisis for this century-old institution regarding its accumulated assets worth 2.17 trillion baht. But it is the first time in its 100-year history that the bank, established by King Vajiravudh and run with the well-known "guaranteed by the government" slogan, has been hit with such a credibility loss.
Govt 'scrambling' for cash
News, Post Reporters, Published on 19/02/2014
» The widespread withdrawal of money at the Government Savings Bank (GSB) suggests people have lost confidence with the Pheu Thai-led government, the Democrat Party says.
Deposit flight hits state-run bank
Business, Published on 18/02/2014
» Customers are stampeding to yank their deposits out of banks perceived as having extended loans to fund the cash-strapped rice pledging scheme.
GSB boss resigns over BAAC 'rice' loan
Online Reporters, Published on 18/02/2014
» Government Savings Bank (GSB) president Worawit Chailimpamontri on Tuesday announced his resignation in an attempt to take responsibility for mass withdrawals sparked by an inter-bank loan to the Bank for Agriculture and Agricultural Cooperatives (BAAC).
Depositors rally to protect Government Savings Bank
Achara Ashayagachat, Published on 18/02/2014
» Individual depositors are rallying to support Government Savings Bank (GSB) after customers withdrew more than 30 billion baht over fears that its loan to the Bank for Agriculture and Agricultural Cooperatives (BAAC) will finance the cash-strapped rice-peldging scheme.
GSB customers protest by withdrawing money (Updated)
Terry Fredrickson, Published on 18/02/2014
» Faced with a large withdrawal of customer deposits yesterday, the Government Savings Bank (GSB) has decided to suspend further lending to the BAAC. Updates: Bank president resigns, withdrawals continue, but bank also attracts large deposits.