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Wednesday, February 8, 2023

GH Bank keen to target the wealthy segment

High-value savings lotteries also help the institution deal with a mismatch in funding time horizons

GH Bank’s booth at Money Expo 2022. GH Bank granted total new loans worth 286 billion baht last year, exceeding its target by 26%.

Government Housing Bank (GH Bank) wants to tap wealthy customers by offering high-value savings lotteries, aiming to become a new choice for people looking to diversify investment risk and earn a decent return amid a possible global recession and high inflation rate.

Bank president Chatchai Sirilai said the high-value savings lotteries target wealthy customers looking for a secure investment asset, as the bank is owned by the government.

The lotteries’ interest rates are…

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