The Latest Breaking News from Government Savings Bank

GSB slashes loan rates for teachers

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

Bangkok Post · Aug 20

GSB steps up lending in H2 amid cash squeeze

Amid a liquidity crunch, Government Savings Bank (GSB) aims to accelerate lending in the second half of the year to achieve loan growth of 3-4% for 2026.

Bangkok Post · Jul 26

Government Savings Bank expands investment options

Government Savings Bank (GSB) has partnered with 10 asset management companies (AMCs) to expand savings and investment options for its 26 million customers, allowing them to invest according to their individual risk appetites.

Bangkok Post · Jun 15

GSB unit unveils loan based on land pledge

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.

Bangkok Post · Dec 22, 2022

GSB non-bank unit to kick off in 2023

The Government Savings Bank's (GSB) non-bank subsidiary is expected to start operation in the second half of next year, says GSB president Vitai Ratanakorn.

Bangkok Post · Nov 6, 2022

GSB unit to offer competitive rates

The Government Savings Bank (GSB) is aiming to enter and compete in the non-bank lending sector by setting up a sister company to better serve those on low incomes.

Bangkok Post · Oct 10, 2022

GSB proposes low-rate loan to Oil Fuel Fund

State-owned Government Savings Bank (GSB) is willing to offer an interest rate at the lowest level possible to the Oil Fuel Fund if the fund needs to shore up its liquidity, says GSB president Vitai Ratanakorn.

Bangkok Post · Aug 24, 2022

GSB vows steady interest rates

The state-run Government Savings Bank (GSB) will try to maintain its interest rates for as long as possible amid a rising global trend in order to alleviate the burden on its borrowers, says bank president Vitai Ratanakorn.

Bangkok Post · Jun 19, 2022

GSB, Dhipaya, Bangchak try loan venture to SMEs

Government Savings Bank (GSB) is joining with Dhipaya Group Holdings and Bangchak Corporation to set up a lending joint venture using land titles as collateral.

Bangkok Post · Jun 9, 2022

Guardforce AI Extends Contract With GSB In Thailand; Receives NASDAQ Non-Compliance Notice

Guardforce AI Co Ltd's (NASDAQ:GFAI) (NASDAQ:GFAIW) secured logistic subsidiary Guardforce Cash Solutions Security (Thailand) Company Limited (GFCS) has extended its contract as the ATM service provider for Government Savings Bank in Thailand. The three-year contract begins on June 1, 2022, and is valued at about $19.5 million.  GFCS will service about 4,000 machines…

Benzinga · May 31, 2022