The GHB, a state-owned bank, aims to address its mismatch between funding short-term deposits versus long-term lending. Of the Bt33.2 billion being raised, Bt15 billion would be new borrowing while the rest would be for the rolling over of debts. The bank’s outstanding mortgages reached topped Bt1 trillion for the first time last year, as it relentlessly supported government policy to provide more loans to people in middle- and lower-income groups, helping them to own a home. The GHB plans to have 20 per cent of long-term funding each year, in order to maintain its solid funding structure. Last year, the institution raised a total of Bt72.8 billion from depositors and creditors.

Source: The Nation Bangkok January 23, 2018 17:03 UTC