GSB adjusts lending criteria to aid customers hit by second wave #SootinClaimon.Com

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GSB adjusts lending criteria to aid customers hit by second wave

EconJan 18. 2021GSB president Vitai RatanakornGSB president Vitai Ratanakorn

By The Nation

The Government Savings Bank (GSB) has adjusted its lending criteria to help customers hit by the fresh Covid-19 outbreak, by focusing on their collateral instead of their cash flow.

The move would enable customers to access credit, which would prevent them from adding to the bank’s bad debt, said president Vitai Ratanakorn.

He said he was confident the bank could control its bad debt.

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