Bangkok, Sept. 22 – GH Bank celebrates its 70th anniversary, issuing home loans with special low interest rates for the first 6 months at just 0.70% per year., Savings deposits with the highest interest rate of 7.70% per year, moving forward to push the 2023 new loan target of 235,480 million baht.
Mr. Krit Sesavej, Bank Director and Acting Managing Director The Government Housing Bank (GH Bank) revealed that from its mission of “enabling Thai people to own a home”, it has provided loans to more than 4.4 million families in the past. At the end of August 2023, new loans of more than 151,813 million baht were released to 121,016 accounts from the new loan target. In 2023, it is set to be 235,480 million baht, with a total outstanding loan balance of 1,658,128 million baht, an increase of 3.74%. The total amount of non-performing loans (NPL) is 71,389 million baht, or 4.31% of the total loan amount, an increase of 0.57% from At the end of 2022, NPLs stood at 3.74% of the total loan amount. Set aside allowance for doubtful accounts at 140,725 million baht, representing a high NPL ratio of 197.12%, reflecting the stability of the GH Bank.
At the same time, GH Bank is still ready to follow government policy. It issues housing loans to low-income people, the underprivileged, and those without access to capital. Housing loans for the environment (Green Loan), such as the Yoo Yen Happy Home Loan, in 2023, customers received loans in 6,170 accounts with a credit limit of 8,514 million baht, Home Loan No. 5 customers received loans in 270 accounts with a credit limit of 519.22 million baht, which is lending. Green Loan reaches 120.44% of the target set at 7,500 million baht, including loan projects for low-carbon buildings. For entrepreneurs, 7 projects have been borrowed, with a total credit line of 259. million baht, accounting for 28.83% of the target of 900 million baht.
To continuously respond to government policy And to celebrate the 70th anniversary of the founding of the GH Bank, the GH Bank has created a special promotion for customers. including loans, deposits, savings lottery and second-hand houses Received a great response from customers. Especially for 70-year GH Bank home loans, low interest rates remain constant for the first 3 years, with months 1 – 6 equal to 0.70% per year, months 7 – 24 equal to 2.70% per year, year 3 equal to 3.70% per year, or average. The first 3 years are only 2.70% for customers who need a loan to buy, build, add on, repair or redeem a mortgage from another financial institution. In the case of a loan of 1 million baht, monthly payments of only 3,500 baht for up to 2 years!! The results show that there are already 5,555.76 million baht of customers interested in applying for loans within just 9 days! Meanwhile
For customers applying for a loan to purchase a home Both new and second-hand houses The loan limit is not more than 3 million baht. GH Bank offers fee promotions. By reducing the burden of expenses from the bank accepting fees on behalf of borrowers, including mortgage registration fees at a rate of 0.01% of the mortgage amount and not exceeding what is actually paid for customers.
that the legal act has been completed From 1 September – 30 November 2023 and registration fees Transfer of ownership of real estate or condominium units must not exceed 25% of the registration fee for transfer of ownership of real estate or condominium units, but must not exceed 0.25% of the mortgage amount. For customers who have completed legal transactions From 1 – 29 September 2023 (Terms and conditions as specified by the bank)
Regarding the GH Bank 70th anniversary savings account, the interest rate is up to 7.70% per year. From the account opening date until 31 March 2025, you will receive an interest rate of 0.70% per year and from 1 April. – 30 September 2025 will receive an interest rate of 7.70% per year. The total average interest rate is as high as 2.43 – 2.53% per year. Individuals do not pay taxes on deposit interest. (Conditions are as specified by the bank)
As for the sale of GH Bank Savings Lottery, Khan Permpoon series, year 2023, via Mobile Application: GHB ALL GEN and all GH Bank branches nationwide, 1,000 baht per unit, deposit for 3 years, receive an additional return on the lottery face of 0.25. % per year or up to 1.40% per year (conditions for receiving returns are as specified by the bank). At the same time, there is also a chance to win the first prize, prize value up to 2 million baht, every month, a total of 36 times, with total sales as of On September 19, 2023, the amount was 1,949.18 million baht and a second-hand house celebrating the 70th anniversary of the GH Bank gave a gift voucher in lieu of cash worth 7,000 baht.
For customers who purchase GH Bank second-hand home assets at the 2nd GH Bank Online Home Expo for the year 2023 (GHB ALL HOME ONLINE 2023) via the Application: GHB ALL HOME or the bank’s second-hand home website. www.ghbhomecenter.com Between 22 – 26 September 2023, the first 14 people will be divided into the first 7 people buying property in Bangkok and the surrounding area and the first 7 people buying property in the region that have entered into a contract within the specified period. At the event you will find more than 500 outstanding property items nationwide, discounts of up to 50% of the appraised value. Ready to receive the lowest interest rate loan for up to 24 months. – Thai News Agency
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2023-09-22 09:10:00
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