GSB launches soft loan scheme

MONDAY, OCTOBER 26, 2015
GSB launches soft loan scheme

The Government Savings Bank has said it will increase its soft loans for houses set aside for low- and medium-income earners if there were strong demand for loans.

The scheme, which commenced Monday with Bt10 billion set aside, is in support of a government economic stimulus policy and comes after the Government Housing Bank launched its own campaign last week. 
Chatchai Payuhanaveechai, president of GSB, said the measure could encourage commercial banks to hold more home-loan promotions this year.