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Bank of Thailand to reduce interest on loans Lighten the burden of “medical and public health personnel”

GH Bank encourages the dedication of medical and public health personnel The front line for taking care of patients with COVID-19 prepares a credit line of 8,000 million baht to create the “My Hero Project: Medical and Public Health Personnel”, reducing the loan interest rate from the present to 1.00% per annum for 4 months (September – December 2021), or The annuity is reduced by approximately 50% of the original annuity. alleviate the burden of monthly expenses for medical and public health personnel Registration is open for requesting to enter the project via Mobile Application: GHB ALL from 9-29 August 2021.

Mr. Chatchai Sirilai Managing Director Government Housing Bank (GHB) revealed that to thank and encourage medical and public health personnel across the country who are dedicated to taking care of patients from the spread of the COVID-19 virus. continuously since the beginning of 2020 until the present including performing duties in the vaccination center for immunization preventing loss to the people

GH Bank as a state-owned financial institution with missions “Make Thai people have homes” has prepared a budget of 8,000 million baht to create the “My Hero Project: Medical and Public Health Personnel” to send encouragement to perform duties for medical and public health personnel.

By reducing the loan interest rate to 1.00% per annum from all interest rates currently used by medical and public health personnel for a period of 4 months, i.e. from September 1 – December 31, 2021

causing the burden of housing expenses or installments that must be paid immediately, for example, in the case of a loan amount of 3 million baht, a 40-year installment, if the original interest rate is equal to MRR – 2% per year (currently the interest rate of the Bank of Thailand MRR is 6.150% per year), the annuity will be 14,800 baht/month, when the interest rate is reduced to 1.00% according to the project, the installment will be reduced to only 7,600 baht/month only. or decreased by more than 50% of the original annuity

The new installment that the customer pays will be amortized both the principal and the interest payment. or if the payment exceeds the new amount specified by the bank The excess of the bank will be used to write off the principal to the customer as well.

Eligible to participate in the program must be a current customer of GH Bank who is a medical profession. Medical and public health personnel who perform duties as frontline personnel in the care of patients infected with COVID-19, including on duty at vaccination centers. and have normal account status Register for participation in the project online to reduce the risk of COVID-19 via Mobile Application : GHB ALL , GHB Buddy on Line Application and the Government Housing Bank website www.ghbank.co.th Between 9 – 29 August 2021 with evidence/documents to show that work related to the care of patients infected with COVID-19, including performing duties in the vaccination center, such as staff identification cards Certificate of performance from the agency

After the expiration of the 4 month period to receive assistance to alleviate the burden of the project expenses The customer will return to the loan interest rate according to the same scheme that was chosen before joining the project without any accrued interest to the bank.

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