Financial help rolled out for flood-affected customers of Thailand’s state-run banks

State-run banks have rolled out financial measures to help private individuals and businesses affected the current flooding, according to Pornchai Theeravet, director of the Finance Ministry’s Fiscal Policy Office. The…

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GSB to help 750,000 financially-troubled debtors with debt moratoria

Thailand’s state-owned Government Savings Bank (GSB) will help ease financial the burden for more than 750,000 mostly small debtors, through debt a moratorium scheme, said GSB Director Withai Rattanakorn today…

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Thailand’s GSB to offer debt moratoria until end of December 2021

Thailand’s state-run Government Savings Bank (GSB) has agreed to extend debt moratoria to about one million customers until the end of this year. GSB Director Mr. Withai Rattanakorn, said that…

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Two more banks to provide registration for Rao Chana scheme

Two more of Thailand’s state-owned banks, the Government Savings Bank (GSB) and the Bank of Agriculture and Agricultural Cooperatives (BAAC), will join the Krung Thai Bank (KTB) in providing registration…

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Thailand Tourism
This photograph taken on December 19, 2020 shows longtail boats moored at a beach on Koh Lipe island in the Andaman Sea. (Photo by Mladen ANTONOV / AFP)

Thailand’s GSB to extend low-interest loans to help tourism-related SMEs

The state-owned Government Savings Bank (GSB) has set aside a 10 billion baht fund for lending to small and medium-sized entrepreneurs engaged in tourism and tourism-related businesses, to help them…

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Majority objects to teachers not paying debts

More than 75 percent of respondents to an opinion poll disagreed with a threat by a group of  teachers  to stop paying debts to the state-run Government Savings Bank. Last…

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Teachers warned of serious consequences for debt default 

Teachers who have threatened to stop servicing their debts to the Government Savings Bank were warned that they could face serious consequences, including the prospect of being declared bankrupt by…

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