Flood relief extended to GSB, KBank borrowers | Bangkok Post: business

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Flood relief extended to GSB, KBank borrowers

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The state-owned Government Savings Bank (GSB) has launched a low-interest loan aimed at relieving flood-hit small and medium-sized enterprise (SME), microentrepreneur customers and mortgage debtors. 

President and chief executive Woravit Chailimpamontri said the special rate loan with a maximum five-year term carries 2% minus the minimum lending rate (MLR).

GSB's MLR now stands at 7%.

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