GSB sees strong loan, deposit growth
Government Savings Bank, or GSB, is confident that this year’s new loans will have up to 6 per cent growth, given the bank success in approving new loans worth Bt107 billion in the first 10 months of the year, the bank’s president and CEO Chatchai Payuhanaveechai said yesterday.
The bank’s deposits will also increase by up to 3 per cent in this year compared to last year, with deposits now at Bt2.3 trillion, he added.
The bank also has set a 2019 target of new-loan growth of up to 6 per cent, by focusing on loans for the government’s megaprojects and small and medium enterprises businesses. In term of deposits, the bank would maintain growth of up to 4 per cent in the year 2019 compared with this year, he said.
