Showing 1 - 10 of 10
Bad debts have reached peak, says state bank
Business, Wichit Chantanusornsiri, Published on 02/01/2025
» The Government Savings Bank (GSB) has the view that non-performing loans (NPLs) in the financial system have already peaked.
NESDC revises growth outlook
Business, Wichit Chantanusornsiri, Published on 20/02/2024
» The National Economic and Social Development Council (NESDC) has revised down gross domestic product (GDP) growth for 2023 and its outlook for 2024 to 1.9% and 2.7%, suggesting the Bank of Thailand (BoT) use financial measures to support the economy, says secretary-general Danucha Pichayanan.
Mobile service key to GSB's social goals
Business, Wichit Chantanusornsiri, Published on 13/04/2021
» State-owned Government Savings Bank (GSB) is poised to ramp up its full-fledged mobile banking development plans to accommodate its ambitious role as a social banking provider.
Fast Money aims to remake motorcycle title loan market
Business, Wichit Chantanusornsiri, Published on 26/03/2021
» The joint venture between Government Savings Bank (GSB) and SET-listed Srisawad Corporation Plc (SAWAD) has earmarked 20 billion baht for the motorcycle title loan business, offering an interest rate of almost half market rates.
Aiming to be the social bank
Business, Wichit Chantanusornsiri, Published on 20/11/2020
» 'Size does not matter" has become a mantra for the Government Savings Bank (GSB), one of Thailand's largest financial institutions by total assets, in its push to become a fully integrated social bank under the helm of Vitai Ratanakorn.
GSB enters car title loan business
Business, Wichit Chantanusornsiri, Published on 19/11/2020
» The Government Savings Bank (GSB) has established a joint venture with a subsidiary of SET-listed Srisawad Corporation Plc for its foray into the car title loan business.
IFRS 9 limits GSB's lending to the poor
Business, Wichit Chantanusornsiri, Published on 09/11/2020
» Loan provisions under International Financial Reporting Standard 9 (IFRS 9) will likely make lending to grassroots parties more difficult, according to the Government Savings Bank (GSB).
GSB takes up car title loans to keep interest rates low
Business, Wichit Chantanusornsiri, Published on 24/09/2020
» Government Savings Bank (GSB) plans to enter the car title loan market with an emphasis on retail loans worth up to 200,000 baht per borrower.
Fears of Chinese putting squeeze on durian market
Business, Wichit Chantanusornsiri, Published on 05/07/2018
» China's growing thirst for the king of fruits has built Thai durian farmers' wealth in recent years, but the dominance of Chinese traders has made dealers nervous about the possibility of price collusion.
GH Bank to add cheap offers
Business, Wichit Chantanusornsiri, Published on 05/03/2018
» State-owned GH Bank plans to unveil additional mortgage schemes with interest rates below 3% after strong demand from low- and middle-income earner groups.