Bangkok: GH Bank has announced that it approved new loans totaling over 107 billion baht in the first half of 2025, marking a significant increase of 27.28 percent compared to the previous period. The bank plans to continue this momentum into the second half of the year, aiming to issue loans worth over 150 billion baht and setting a target of 241,780 million baht in available funds for the year. According to Thai News Agency, Mr. Kamolpop Virapala, Managing Director of the Government Housing Bank (GHB), detailed the bank's performance, reporting 107,227 million baht in new loans provided to 95,382 customer accounts. This increase resulted in a total outstanding loan amount of 1.834 trillion baht, alongside total assets reaching 1.924 trillion baht and total deposits amounting to 1,670 trillion baht. These figures reflect the bank's alignment with the Ministry of Finance's policy to extend loans to diverse customer groups, including low- and middle-income earners and vulnerable customers. The bank has succe ssfully lent 85 billion baht to customers purchasing houses priced over 7 million baht, thereby increasing its market share of housing loans to 42% of the total market. Additionally, GH Bank continues to support its customers through debt relief measures, offering special interest rates and installment plans to those affected by economic conditions. Currently, more than 7,652 customer accounts are benefiting from these relief measures, with a remaining principal of 9,766.71 million baht. Furthermore, GH Bank is allowing customers to extend their installment payment period up to the age of 80-85, aiming to ease their financial burden. The Khun Su, We Help project, designed to reduce installment payments for three years, has attracted over 90,937 customer accounts with an outstanding debt of 105,465.06 million baht. Mr. Kamolpop emphasized that GH Bank plans to approve at least 150 billion baht in new loans in the latter half of 2025, in line with directives from the Deputy Prime Minister and Minister of Fina nce. This initiative aims to enhance access to housing loans for low- and middle-income earners, as well as vulnerable customers. The GHB Home Project and Financial School initiatives are also being promoted, encouraging potential borrowers without financial documents to save regularly, thereby increasing their eligibility for loans. The bank's concerted efforts reflect its mission to enable more Thais to own homes, promoting stability and sustainability in the housing sector.
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