Sun, December 05, 2021


GHB introduces measures to help customers amid Covid-19 crisis

Government Housing Bank (GHB) has postponed debt repayment for its customers for four months and reduced the interest rate to 1 per cent for medical personnel, president Chatchai Sirilai said on Sunday (April 12).

“We have prepared a budget of Bt10 billion to help all customers postpone their debt repayment for four months starting from April, while the bank will exempt all interest incurred during the period,” he said. “Furthermore, customers who are medical staff will be granted a special interest rate of 1 per cent annually.”
Chatchai said those eligible for the latter include doctors, nurses, medical technicians, radiologists and pharmacists.
“Those who are interested must register via mobile application ‘GHB All’ from April 13-30,” he said. “The two measures are applicable to all borrowers regardless of their current debt repayment status [normal, late, under legal action].”
Other criteria include a total loan amount not exceeding Bt3 million and customers’ monthly salary being Bt35,000 or lower.
“The bank estimates that more than 1.1 million customers will benefit from both measures,” said Chatchai.

Published : April 13, 2020