GSB offers Bt50,000 low interest loans to informal debtors

GSB offers Bt50,000 low interest loans to informal debtors

13 Sept 09:42 Key points summarised by AI

The Government Savings Bank (GSB) launched a program offering low-interest loans of up to 50,000 baht to help informal debtors settle their existing high-interest private debts.
Borrowers can repay the loan over five years at a fixed 0.75% interest rate, provided they meet criteria such as employment, age (20-65), and present a guarantor or collateral.

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

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

Yesterday 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.

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