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The Latest Breaking News from GSB

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

ONEAM moves to sell disputed hotel

One Asset Management (ONEAM), the manager of Grand Royal Orchid Hospitality Real Estate Investment Trust (GROREIT), has begun legal procedures after Royal Orchid Hotel (Thailand) (ROH) failed to repurchase the 4.87-billion-baht Royal Orchid Sheraton Riverside by the deadline, resulting in a default under the five-year buyback agreement.

Bangkok Post

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

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GSB set to reward good borrowers with lower rates

Government Savings Bank (GSB) is preparing a new initiative to assist borrowers with good repayment discipline by lowering their interest rates, in an attempt to help them pay off their debts more quickly.

Bangkok Post

GSB launches cheap loan programme for small firms

Government Savings Bank (GSB) kicked off a low-interest loan programme yesterday for small and medium-sized enterprises (SMEs) to support working capital and business expansion, helping entrepreneurs cope with economic volatility.

Bangkok Post

This Little-Known Company Is a Top-Rated AI Stock to Buy Right Now

Guardforce, an AI tech stock, has significantly trailed the broader markets since its IPO in September 2021. Is GFAI a good stock to own in February 2025?

Barchart

Mr Fifty Percent: the former Ukraine mayor doing Putin’s work in Kherson

He faced a police investigation over an alleged contract killing, but Volodymyr Saldo is now beyond the reach of Ukrainian law

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State banks raise deposit, loan rates after BoT hike

State banks are increasing their interest rates following the Bank of Thailand's policy rate hike.

Bangkok Post

State banks increase interest rates to attract depositors

State banks are rushing to provide higher deposit rates to customers, including one scheme that offers up to 17%.

Bangkok Post

GSB unit to offer service nationwide

Mee Tee Mee Ngern, a Government Savings Bank (GSB) subsidiary, plans to offer its land collateral loan service nationwide in June this year, expanding from the 10 major provinces in which it operates at present, says chief executive Isara Wongrung.

Bangkok Post

GSB set to launch digital loans in effort to lower rates

Government Savings Bank (GSB) is set to launch a non-bank business to offer digital personal loans and digital nano-finance services in the third quarter of this year, with a view to pushing down interest rates in the market for both services by 5%, said president Vitai Ratanakorn.

Bangkok Post

GSB still backing low-income borrowers

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.

Bangkok Post

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

Cabinet okays adjusted B5bn loan

The cabinet on Tuesday approved reworking the conditions of a 5-billion-baht soft loan programme to help small hotel operators and their supply chains including restaurants reopen.

Bangkok Post

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Bangkok Post

State banks positioned to increase rates next year

Government Housing Bank (GH Bank) and Government Savings Bank (GSB) will begin gradually raising their loan interest rates next year, in line with the upward overall trend, according to executives.

Bangkok Post

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

GSB introduces two new savings deposit packages

The state-run Government Savings Bank (GSB) has launched two new savings deposit packages, with the aim of reviving public sentiment regarding savings, which has been affected by the Covid-19 pandemic, said president Vitai Ratanakorn.

Bangkok Post

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.

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Insider UK

Friends Legal acquires Garden Stirling Burnet

East Lothian solicitors and estate agents name and leadership team will be retained

Bangkok Post

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

Sub guinea pig

Re: "Navy may take sub engines from China", (BP, Aug 10).

Bangkok Post

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

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

GSB ready to assist THAI, Oil Fuel Fund

The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.

Bangkok Post

Creating a niche as a digital brokerage

Amid intense competition and digital transformation, ASL Securities aims to leverage its expertise in digital brokerage services and connection with partners in various financial sectors to become the country's most comprehensive online financial institution.

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