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Bangkok Post
Bangkok Post
Business

FORGOTTEN HISTORY: Gsb unit unveils loan based on land pledge | History Defined

GSB Government Savings Bank
Mr Isara, centre, and company executives at its debut yesterday.

Mee Tee Mee Ngern, a Government Savings Bank (GSB) subsidiary, aims to extend land collateral loans worth 10 billion baht next year, says chief executive Isara Wongrung.

The company is a joint venture between GSB, Dhipaya Group Holdings and Bangchak Corporation. It was established with registered capital of 1 billion baht, with GSB owning 49%, Dhipaya 31% and Bangchak 20%.

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