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Bangkok Post
Bangkok Post
Business

GSB slashes loan rates for teachers

GSB Government Savings Bank Interest Rates

Government Savings Bank (GSB) has reduced loan interest rates for teachers and education personnel in a bid to help them escape debt more quickly.

According to Songpol Chevapanyaroj, president and chief executive of GSB, more than 280,000 teachers and education personnel have loans with GSB totalling over 200 billion baht, with the bank's normal lending rates at 6-7% a year.

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