“GSB” opens a loan for “SMEs, full of happiness, full of ten”, unlocks the collateral, borrows no more than 5 million “TCG”, guarantees the full amount

Mr. Withai Ratanakorn, President of the Government Savings Bank, revealed that due to the COVID-19 epidemic situation which affects especially small and medium sized SMEs In the past, the bank has provided assistance in many measures according to the government’s orders by Prime Minister Gen. Prayut Chan-ocha, which the impact of the Covid-19 epidemic situation is still there. Has opened for loans GSB SMEs full of happiness, full ten to help SMEs entrepreneurs in every business group which is open to borrowing for both SMEs entrepreneurs who are natural persons and juristic persons, providing a maximum loan amount of not more than 10 million baht, interest rates for the first 6 months starting at 2.99% per year, grace period of up to 2 years and installments up to 10 years for The collateral for the loan can be chosen by the Small Industrial Credit Guarantee Corporation or TCG to guarantee the entire credit line. (In case of borrowing not more than 5 million baht) or using a savings passbook Special GSB lottery, bonds, land and buildings, land title deeds or condominiums. as collateral In case of insufficient collateral can be used. TCG can join as a guarantee as well. Interested parties can apply for a loan from now on until December 30, 2022 at all branches of the Government Savings Bank nationwide.

by GSB SMEs Full of Happiness, Full Ten, specially prepared for small and medium sized SMEs with potential and need funding but lack of collateral or insufficient collateral by borrowing for investment and enhancing liquidity in the business or borrowing for refinancing from other financial institutions This is the intention of the Government Savings Bank that wants to help entrepreneurs get access to loan sources thoroughly with lenient conditions. able to get through this hardship and keep running the business.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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