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Byline: Wichit Chantanusornsiri
Mar. 4--Property lending under the Government Housing Bank has risen by 60 billion baht in the past two years, with healthy prospects for the year ahead, according to bank director-general Charnchai Musignisarkorn.
Deputy finance minister Varathep Ratanakorn and Government Savings Bank (GSB) executives yesterday kicked off the launch of a new housing loan program aimed at low-income groups in Pathum Thani.
The bank will lend up to 300,000 baht to finance new home purchases or construction for people earning as little as 6,000 baht a month. Interest rates in the scheme are fixed at 3.5 percent for the first year, ...
Source: HighBeam Research, Property Lending Under Government Housing Bank in Thailand Increases.