Saturday, January 30, 2021
Government Housing Bank Revealing the performance of the year 2020 continues to grow strongly and create opportunities for Thai people to have homes continuously in the midst of the coronavirus outbreak 2019 (COVID-19), new loans 225,151 million baht, the highest in 67 Years since the bank’s inception Increased from 2019 by 9,850 million baht or 4.57% and exceeded the target of 15,791 million baht, outstanding loan of 1,320,308 million baht, total assets of 1,399,138 million baht, total deposits of 1,162,687 million baht, and had non-performing debt (NPL ) Amounted to 47,572 million baht, accounting for 3.60% of total loan amount, net profit of 10,494 million baht, a decrease of 21.41% while in 2021, moving forward with the main concept “Be Simple, Make it Simple” or making Thai people easy to have a home. With the Bank. Set a 3% increase in new loans under the strategy Aiming to upgrade banking services to Digital Service Bank
Mr. Chatchai Sirilai Managing Director The Government Housing Bank (GHB) revealed its operating results in 2020 compared with the end of 2019 that even in 2020, there was a problem with the coronavirus infection (COVID-19) epidemic, which affects Thai economy overview, but the Bank has continued to create opportunities for Thai people to have a home according to their mission. This can be seen from the highest number of new lending loans in 67 years since the bank’s inception, at 225,151 million baht, 140,386 accounts, an increase of 4.57%, surpassing the target of 15,791 million baht and divided into new loans for low and middle income. The loan amount is not more than 2 million baht, 88,007, resulting in total outstanding loan balance of 1,320,308 million baht, an increase of 9.18%, total assets of 1,399,138 million baht, an increase of 12.41%, total deposits of 1,162,687 million baht, an increase of 17%. Generated income (NPL) of 47,572 million baht, accounting for 3.60% of total loan balance, a decrease from the year 2019 with NPL at 4.09% as a result of the Bank’s customer assistance measures that were affected by COVID-19 According to the government policy and the Bank of Thailand (BOT) which has been in continuous operation since the beginning of 2020, the NPL generation is at a lower rate. In 2020, the Bank of Thailand helps customers through 10 The measure has a maximum amount of 687,489, the principal balance account is 576,139 million baht. To prepare for the impact of COVID-19 in the future and to support TFRS 9 standard amount of 96,456 million baht, an increase of 11.18% or equivalent to NPL of 202.76%, reflecting the strength of the bank and its readiness in However, in 2020, the Bank posted a net profit of 10,494 million baht, a decrease of 2,858 million baht or 21.41% from the previous year due to lower interest rates. To help customers While the BIS ratio remains very strong at 15.30% (as of November 2020), higher than the minimum capital fund set by the Bank of Thailand.
“The key factor that keeps the bank’s loan higher than its target despite the COVID-19 epidemic in the past year is the Bank of Thailand bringing the proceeds from the savings lottery. To come out loan products with lower interest rates than the market and meet the needs of each professional customer. Both products in the Social Solution group for low-income people, such as the housing loan measure of the Bank of Thailand, the amount of approval and the transaction of up to 28,540 million baht, the Bank of Thailand project, we do not leave each other 28,900 million baht. In the Business Solution group for people with middle income and above The product with the highest legal approval and transaction amount is a 3-4 quarter D Plus loan of 21,970 million baht, as well as a reduction in transfer and mortgage fees to 0.01% for housing sales of less than 3 million baht and There are promotions to stimulate sales of real estate entrepreneurs, ”said Chatchai.
For the year 2021, the Bank continues to move forward with the main concept “Be Simple, Make it Simple” or make Thai people easy to have a home with the Bank. “Make Thai people have a home” by preparing to sell a new series of savings lottery banks to produce low-interest loan products Set a target for new loans of 215,641 million baht, an increase of 3% from the target for 2020, outstanding loans of 1,374,116 million baht, under the key strategy to continue from 2020, namely to upgrade banking services to Digital Service Bank in 2021 and Going forward to becoming a full-fledged Digital Bank in 2023, following the Roadmap “3 Steps” by bringing the core services both credit and deposit up Digital Platform to serve customers without having to come to the branch. Aiming to reduce the number of transactions at the counters within the branch to 5% of the total transaction amount. As for the number of transactions via electronic machines, such as credit payment kiosks, LRM or QR Non Cash Payment at the branch, 15% and increase the number of transactions via Application: GHB ALL to 80% by 2022, which is currently in the process of developing the GHB New Normal Services project in phase. The third, which is scheduled for service in March 2021, includes the introduction of the Virtual Branch project, the Unofficial Credit Service Unit, where customers do not have to come to the branch but still receive services like at the branch. Which officially started operations since January 13, 2021 with a target to lend new loans through the project of 10,000 million baht
At the same time, the bank is also focused on providing support to customers who are affected by COVID-19 income. Closely through the “Bank of Thailand Reunification Thai Nation Project Year 2021” with 4 measures to reduce installment payments. (Installment payment will cut the principal and cut the interest) for a maximum of 6 months, starting with the registration of customers wishing to enter the first measure As of January 15, 2021, as of January 28, 2021 at 24:00 hours, there are more than 102,000 registered customers who have already submitted the measures, the remaining balance of 95,000 million baht. Bank of Thailand will open for registration requests to participate in measures 11 through Application: GHB ALL from February 1, 2021 at 9:00 a.m. to February 26, 2021 at 10:00 p.m. to reduce installment payments ( Annuity payment will be written off. Principal and interest cut) for a period of 6 months (February – July 2021). For more information, contact the Bank of Thailand at any branch of the Bank or the Customer Relations Center (Call Center) at 0-2645-9000 and Facebook Fanpage of the Government Housing Bank.
– .
