GH Bank aims to restructure bad loans | Bangkok Post: business

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GH Bank aims to restructure bad loans

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State-owned GH Bank aims to lower its non-performing loans (NPLs) from 8.34% to 5% of its outstanding loans, mainly through debt restructuring and selling bad loans. 

Even though the property market has not entered a bubble, the bank aims to cut its bad loans to strengthen its balance sheet in the long run.

Its loan criteria are less stringent than those of commercial banks to serve low-income customers.

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