Financial help rolled out for flood-affected customers of Thailand’s state-run banks

13 Sept 08:50 Key points summarised by AI

Thailand's state-run banks initiated comprehensive financial measures to assist private individuals, farmers, and SMEs impacted by recent flooding.
The aid aims to alleviate financial burdens, boost liquidity, and enable property repairs through various mechanisms, including debt moratoriums and emergency loans.
Specific relief packages from banks like GSB, BAAC, and GHB offer tailored support, such as interest-free periods on loans, debt suspensions, and housing credit for repairs, with application periods extending until year-end for some programs.

New home loan scheme aims to boost property sector with Bt125 billion

20 Oct 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.