Home » Business » Starting today, savings are open for tourism businesses to use land for loans.

Starting today, savings are open for tourism businesses to use land for loans.

Government Savings Bank lending “SMEs with money” to help tourism businesses according to cabinet resolution, 10,000 million baht, the first year, low interest 0.10%. www.gsb.or.th starts 18 February 2021

Mr Withai Rattanakorn, Director of Government Savings Bank, revealed that the tourism sector is still suffering a lot. After tourism was halted due to the coronavirus (COVID-19) outbreak on February 15, 2021, the Cabinet passed a resolution to approve additional financial assistance measures to provide relief and increase business liquidity. Tourism and related business fields

And assign the Government Savings Bank Establish a low-interest loan program for SMEs with money for tourism. Project limit of 10,000 million baht starts accepting loan applications through the Government Savings Bank website. www.gsb.or.th From February 18, 2021 until June 30, 2021 or until the project limit is over.

The low-interest loan program for SMEs has money for tourism. Provide opportunities for tourism business operators. Both natural person and juristic person Can use the land Or land with buildings As collateral for applying for a loan from the bank To bring loans to enhance liquidity for businesses Or to redeem land which has been concluded with a sale agreement with private sector during 1 January – 31 December 2020

The Bank grants a credit limit per person not more than 70% of the government land appraisal value, the loan term is 3 years, with a special low interest rate under the government policy year 1, interest rate = 0.10% per year, year 2 = 0.99% per annum and year. 3rd = 5.99% per annum for natural persons, loan amount 1-10 million baht, corporate loan amount 1-50 million baht.

Interested persons can study details of loan application conditions at the Government Savings Bank website. www.gsb.or.th


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