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Bangkok Post
Bangkok Post
Business

GSB unit unveils loan based on land pledge

GSB Government Savings Bank
Mr Isara, centre, and company executives at its debut yesterday.

Mee Tee Mee Ngern, a Government Savings Bank (GSB) subsidiary, aims to extend land collateral loans worth 10 billion baht next year, says chief executive Isara Wongrung.

The company is a joint venture between GSB, Dhipaya Group Holdings and Bangchak Corporation. It was established with registered capital of 1 billion baht, with GSB owning 49%, Dhipaya 31% and Bangchak 20%.

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