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Bangkok Post
Bangkok Post
Business

EXPLAINED: Gsb auto loan venture poised to lend b20bn | Rare Historical Photos

GSB Vitai Ratanakorn Government Savings Bank
People receive financial services at the Seacon Square branch of Government Savings Bank. 

The motorcycle and car title loan joint venture of Government Savings Bank (GSB) expects to lend around 20 billion baht this year, up 25% from last year, says bank president Vitai Ratanakorn.

The state-run bank entered the car title loan business in 2020 by acquiring a 49% stake in Fast Money Co Ltd, which was earlier wholly-owned by Srisawad Corporation.

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