Bangkok: GH Bank has issued over 460 billion baht in new loans in the past two years, focusing on enhancing technology and operations to support homeownership in Thailand.

According to Thai News Agency, the Government Housing Bank (GHB) has opened 392,000 new loan accounts with special interest rates, contributing significantly to the economy. The bank has also prioritized instilling financial discipline in Thais by opening over 220,000 savings accounts and helping more than 590,000 customers retain their homes. GHB has further invested in technology to aid the construction and renovation of 5,120 homes for underprivileged individuals.

Mr. Akkharut Sonthayanon, Chairman of GHB, stated that the bank leads the housing loan sector and aims to disburse 241,780 million baht in new loans by 2025. GHB is also implementing measures to address household debt, particularly for high-risk and non-performing loan customers, supporting the government’s urgent economic policies. The bank has provided financial measures with special interest rates to assist those affected by southern floods, helping them return to normal life.

Mr. Kamolpop Veerabhala, Managing Director of GHB, reported that the bank has already disbursed 215,130 million baht in new loans, achieving 89% of the 2025 target. A significant portion of these loans is for low- and middle-income earners. Over the past two years, GHB has issued 392,000 new home loans, injecting over 460,000 million baht into the economy. In line with the Bank of Thailand’s guidelines, GHB is enhancing the “GHB Financial Literacy School Project” using the GHB ALL GEN application.

For those unable to obtain loans due to lack of income documentation, GHB encourages saving or maintaining bank statements as evidence for loan applications. GHB has also partnered with real estate developers to promote financial discipline through the GHB Financial Literacy X Developer project. Currently, over 220,000 individuals have opened savings accounts, and over 50,000 customers have received loans from GHB.

GHB continues to assist customers in retaining their homes through debt resolution measures, including interest payment deferrals and reduced monthly payments. It also supports the “You Fight, We Help” project to reduce monthly payments for eligible customers. To date, over 115,000 accounts have benefited from these measures, aiding more than 590,000 customers in maintaining their homes.

Data from the Real Estate Information Center (REIC) indicates a 6.6% contraction in the growth rate of new housing loans in the first nine months of 2025 compared to 2024. Despite this, GHB disbursed 15.6% of new housing loans, maintaining its position as the leading housing lender with a 43.7% market share over 20 years. This reflects GHB’s dedication to enabling Thais, especially those with limited income documentation, to own homes through sound financial practices.