GSB celebrates anniversary with savings bond campaign offering 100 million baht in prizes and tax-free interest.

With household and non-performing debts unlikely to increase further, Finance Minister Pichai Chunhavajira says now is the ideal time to encourage financial institutions to accelerate loan extensions.

Six leading banks and a clutch of state-owned counterparts have slashed lending rates following the Bank of Thailand’s recent policy rate cut.

Speaking at the launch of Government Savings Bank's (GSB) "Credit-Building, Opportunity-Creating Loan" programme on Friday, Mr Pichai said the current household debt of Thailand, which is at ...