Showing 81 - 90 of 381
GSB still backing low-income borrowers
Business, Wichit Chantanusornsiri, Published on 25/01/2023
» Government Savings Bank (GSB) plans to continue to help low-income borrowers access loans this year on a fair borrowing cost basis through its newly launched mortgage subsidiary and its existing digital lending application, says president Vitai Ratanakorn.
GH Bank keen to target the wealthy segment
Business, Wichit Chantanusornsiri, Published on 07/01/2023
» Government Housing Bank (GH Bank) wants to tap wealthy customers by offering high-value savings lotteries, aiming to become a new choice for people looking to diversify investment risk and earn a decent return amid a possible global recession and high inflation rate.
Debtors await clarity on student loans
Business, Wichit Chantanusornsiri, Published on 09/12/2022
» The number of borrowers repaying debt to the Student Loan Fund declined from September to November as some people chose to wait for the amended version of the law regarding lower interest rates and default fines, says fund manager Chainarong Katchapanan.
State banks positioned to increase rates next year
Business, Wichit Chantanusornsiri, Published on 16/11/2022
» Government Housing Bank (GH Bank) and Government Savings Bank (GSB) will begin gradually raising their loan interest rates next year, in line with the upward overall trend, according to executives.
Finance Ministry mulls land and building tax cuts
Business, Wichit Chantanusornsiri, Published on 05/11/2022
» The Finance Ministry is considering a proposal to reintroduce a reduced land and building tax over the next two years, says Finance Minister Arkhom Termpittayapaisith.
BAAC upgrades app in bid to become a digital entity
Business, Wichit Chantanusornsiri, Published on 02/11/2022
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has upgraded its A-Mobile banking app's capacities and renamed it A-Mobile Plus to facilitate rising numbers of customers and transactions.
GSB introduces two new savings deposit packages
Business, Wichit Chantanusornsiri, Published on 01/11/2022
» The state-run Government Savings Bank (GSB) has launched two new savings deposit packages, with the aim of reviving public sentiment regarding savings, which has been affected by the Covid-19 pandemic, said president Vitai Ratanakorn.
Debt poised to decline to 60% of GDP
Business, Wichit Chantanusornsiri, Published on 13/10/2022
» The public debt-to-GDP ratio in fiscal 2023 is expected to edge down to 60.4% from an anticipated 60.6% in fiscal 2022 thanks to the economic recovery, says Public Debt Management Office (PDMO) director-general Patricia Mongkhonvanit.
SME D Bank pledges to help customers
Business, Wichit Chantanusornsiri, Published on 10/10/2022
» Small and Medium Enterprise Development Bank of Thailand (SME D Bank) is ready to help reduce customers' debt and interest burden to improve their liquidity, allowing their businesses to continue operating, says president Nartnaree Rathapat.
Economists urge caution for gloomy 2023
Business, Wichit Chantanusornsiri, Published on 05/10/2022
» Thailand needs to prepare for global economic difficulties as they will intensify next year, according to economists.