Government Savings Bank adjusts soft loan criteria to help SMEs and small businesses recover after the floods.

Mr. Withai Rattanakorn, Director of the Government Savings Bank, revealed that the Government Savings Bank has revised the criteria for the GSB Boost Up low interest loan project to meet the objective of applying for loans to increase support for flood victims according to the Cabinet Resolution. By expanding the target group to include SMEs, small entrepreneurs, Micro SMEs, and the self-employed. You can apply for a loan to use the specified project to restore businesses affected by the flood conditions. Under the original criteria and conditions of the GSB Boost Up low-interest loan project, the total credit limit is 100,000 million baht.

This is to support small entrepreneurs in maintaining their businesses. After being badly affected by the disaster that occurred with commercial banks and certain financial institutions involved in the project The original credit limit can be used to approve loans to entrepreneurs who apply for loans to December 30, 2024.

The Boost Up GSB soft loan project, with a total credit limit of 100,000 million baht, is in line with the government’s policy to support low-interest funding sources. to commercial banks and specialized financial institutions at an interest rate of 0.01% per annum for a period of 2 years for financial institutions involved in the project To continue a loan at a low interest rate not exceeding 3.5% per annum in the first 2 years, lending according to requirement and ability to repay debt. Set a maximum credit limit for all financial institutions, not to exceed 40 million baht per person. Affected entrepreneurs You can request more information and apply for loans from all financial institutions involved in the project.