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GSB targets huge increase in low-income borrowers
Bangkok Post
|April 29, 2026
Government Savings Bank (GSB) aims to let an additional 1 million low-income
Thais access formal credit, representing a total loan value of about 100 billion baht, says the bank's new chief.Speaking at a presentation of his vision and policy as the 18th president and chief executive of GSB, Songpol Chevapan-yaroj said the bank wants to increase access to formal credit for individuals through the bank’s network of more than 1,000 branches, accounting for about 20% of the total commercial bank branches in the system, which exceed 5,000.
He said supporting more than 1 million low-income individuals would increase the proportion of new loans to entrepreneurs to more than 40% of total lending compared with last year. As of March 31, the bank has around 24 million deposit and loan customers.
This story is from the April 29, 2026 edition of Bangkok Post.
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