GH Bank sees new lending rise 2.79% in Q3
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Government Housing Bank recorded a 2.79-per-cent rise in new loans to Bt111.42 billion for the third quarter of this year, while focusing on enhancing its competitiveness through financial technology and developing products and services to help Thais own homes.
This year’s new-loan target is Bt170.04 billion. In the quarter, the bank’s outstanding loans increased 5.01 per cent from the end of 2015 to Bt906.04 billion. Its net profit was Bt7.45 billion.
“This year, the bank has developed a greater variety of loan products to meet all groups of customers’ demands, and that has promoted new loan expansion consistently,” said Chatchai Sirilai, president of GH Bank.
