GSB grants 110,000 loans in first 4 days of grassroots scheme
The Government Savings Bank (GSB) has approved around 110,000 loans in the first four days of its borrowing scheme for low-income customers, said president Vitai Ratanakorn.
The bank has set aside Bt10 billion for the scheme, which has received an enthusiastic response from grassroots customers since launching on January 15. Borrowers can apply for loans of up to Bt50,000 via GSB’s MyMo application.
The scheme is also open to self-employed customers who took GSB’s emergency Covid-19 loans last year. They can apply for loans of up to Bt20,000 via the MyMo app from January 23.