Monday, July 7, 2014

Government Savings Bank to lend money to debtors of non-formal lenders



THAILAND - Government Savings Bank will be asked to lend money to debtors of non-formal lenders.

According to the Air Chief, he will ask the Government Savings Bank (GSB) to speedily lend to the debtors so they could repay non-formal lenders.

The Bank for Agriculture and Agricultural Cooperatives (BAAC) may also be asked to help lend to the debtors as well.

Related agencies will also be asked to scrutinize non-formal lenders who tend to use violence to extract payment.

 Air Force Commander-in-Chief Prajin Jantong met with Network Center of Bangkok 24 Hours president Khosit Suwinitchit and around 100 representatives of debtors of non-formal loans on Friday.

The group discussed current developments in the NCPO's drive to resolve the issue of non-formal loans.

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