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Bangkok Post
Bangkok Post
Business

GSB still backing low-income borrowers

The atmosphere at GSB's booth at Money Expo 2022. The bank posted a profit of 27.1 billion baht as of December 2022, up from 25.3 billion a year before.  (Photo: Nutthawat Wicheanbut)

Government Savings Bank (GSB) plans to continue to help low-income borrowers access loans this year on a fair borrowing cost basis through its newly launched mortgage subsidiary and its existing digital lending application, says president Vitai Ratanakorn.

GSB subsidiary Mee Tee Mee Ngern aims to extend land collateral loans worth 10 billion baht this year. The company is a joint venture between GSB, Dhipaya Group Holdings and Bangchak Corporation.

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