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Thailand’s Government Savings Bank Offers New Loans To Promote Renewable Energy

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Representational image. Credit: Canva

Government Savings Bank offers new loans to promote the use of renewable energy and reduce global warming. The bank has announced the launch of two new products: GSB Go Green loan for individual borrowers and GSB for BCG Economy loan for managed businesses.

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The loans aim to support the installation and purchase of equipment for individuals and entrepreneurs to reduce pollution, including solar cells, solar rooftops, EV chargers, electric vehicles, and electrical appliances that save energy. The loans also offer a fixed interest rate as low as 1.99% and instalments as low as 199 baht per hundred thousand per month.

The President of Government Savings Bank, Mr Withai Rattanakorn, stated that the goal is to promote the use of renewable energy to reduce greenhouse gas emissions, which is a major cause of global warming. Interested parties can contact any branch of the Government Savings Bank nationwide or visit their website for more information.

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