Government Savings Bank issues GSB ReOpen Phase 2 loans to support tourism to drive the Thai economy. Loan amount not exceeding 5 million, fixed interest rate for the first year of 3.99%, grace period for 2 years, installments for a maximum of 10 years.

Mr. Withai Rattanakorn, President of the Government Savings Bank, revealed that from the success of the 5,000-million-baht Soft Loan Re-Open loan in February 2023, which received a lot of attention from entrepreneurs. As a result, the project's budget will run out in a short time. However, customers still have a continuous demand for credit, reflecting the image of tourism and the economic mechanism is getting better. that many sectors have to work together to push forward The Government Savings Bank therefore launches the GSB ReOpen credit project for hotel business and hotel supply chain (Phase 2) for another 3,000 million baht immediately. Which is open for loan submission from now on until December 30, 2023 at all branches of the Government Savings Bank nationwide

GSB ReOpen Loan Program for Hotel Business and Hotel Supply Chain (Phase 2) with a credit line of 3,000 million baht for hotel business operators and hotel supply chain operators, restaurants, and operators with unique or local identities. Loan to bring money to improve and repair the establishment. Purchasing tools and equipment Invest in fixed assets Or as working capital in the business For SMEs entrepreneurs who are natural persons and juristic persons with Thai nationals holding more than 50 percent of the registered capital The maximum loan amount is not more than 5 million baht per person and the loan period is up to 10 years. The full amount of the loan can be used as collateral. Or you can choose to use both securities and TCG (Small Industry Credit Guarantee Corporation) together as a guarantee. Fixed interest rate for the first year of 3.99% per year, the second year onwards, MLR per year and MLR + 1.00 per year according to the type of collateral (MLR = 6.650) and grace period of up to 2 years.

For more information, please contact the GSB SME Call Center at 02-2998899, the GSB Contact Center at 1115, and at facebook: GSB Society. .-Thai News Agency

Source: Thai News Agency