GSB ready to assist THAI, Oil Fuel FundA Thai Airways International Boeing 777-300ER aircraft is seen parked at Suvarnabhumi airport. The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied. He added that the Oil Fuel Fund has yet to ask for a loan from GSB. As in the case of THAI, the bank would consider extending a loan to the fund if it were government policy. The fund is in talks with state-owned banks for loans worth 30-40 billion baht to boost liquidity, enabling it to subsidise the domestic oil price.

Source: Bangkok Post May 24, 2022 09:23 UTC