Wednesday, November 13, 2019

GSB suspends loan payments for 4 months for Pabuk victims

Jan 04. 2019
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By The Nation

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The Government Savings Bank or GSB has offered to suspend monthly installment payments monthly in the first four months of the new year for its customers impacted by tropical storm Pabuk, the bank's president Chatchai Payuhanaveechai said on Friday.

 

 

After four months, if a customer has not yet recovered sufficient income to resume payments, they can ask the bank to suspend having to pay the principle and pay only interest rates for two or three years, he said.

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