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GSB adjusts lending criteria to aid customers hit by second wave

Jan 18. 2021
GSB president Vitai Ratanakorn
GSB president Vitai Ratanakorn
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By The Nation

The Government Savings Bank (GSB) has adjusted its lending criteria to help customers hit by the fresh Covid-19 outbreak, by focusing on their collateral instead of their cash flow.

The move would enable customers to access credit, which would prevent them from adding to the bank's bad debt, said president Vitai Ratanakorn.

He said he was confident the bank could control its bad debt.

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