Government Housing Bank Introduces New Home Loan Products with 0% Interest Rate for the First 3 Months
Government Housing Bank (GH Bank) Introduces New Home Loan Products By Professional Journalist At the end of the year, the Government Housing Bank (GH Bank) is offering new home loan products with budget limits of 45,000 million baht. The bank aims to provide affordable housing options for customers through three different loan products. The details […]
Loan Interest Rates on the Rise as Banks Adjust Additional Interest Rates
Loan interest rates are on the rise, with commercial banks adjusting their additional interest rates accordingly. Despite efforts by financial authorities to tighten household loans, there has been no slowdown in the increase of household loans, including home mortgage loans. To curb loan demand, banks are lowering favorable interest rates and raising additional interest rates. […]
GH Bank Celebrates 70th Anniversary with Stepped Interest Rates and Green Savings
GH Bank Celebrates 70 Years with Stepped Interest Rates and Exciting Offerings In a momentous celebration of its 70th birthday, GH Bank is thrilled to announce new and enticing interest rates on their savings accounts and mortgages. Mr. Krit Sesavej, Bank Director and Interim Managing Director of GH Bank, shared the exciting news, highlighting the […]
Top Media Stories: 50-Year Mortgage Loans Exceed 1 Trillion Won in One Month, Biguiyuan’s ‘Default Crisis,’ 3Q Performance Forecast of Listed Companies, and More
Here are the latest media stories on August 14, provided by Infostock Daily. 1. 50-year mortgage loan surpasses 1 trillion won in one month: A 50-year mortgage loan offered by a major bank has supplied over 1 trillion won in just over a month. The balance of household loans increased to 5.4 trillion won in […]
Rising Foreclosures: Real Estate Information Centre Reveals the Mounting Number of Non-Performing Assets in Thailand
Financial Turmoil: Increasing Foreclosures and Mounting Debt Amidst the ongoing economic unrest, an alarming trend has emerged – a surge in the number of households relinquishing their properties. According to the ‘Real Estate Information Centre’, the current figures pertaining to foreclosed properties, also known as Non-Performing Assets (NPAs), are quite disconcerting. NPAs refer to properties […]
Record-Breaking Increase in Household Loans Raises Concerns About Growing Debt
According to the recent ‘Financial Market Trends’ report published by the Bank of Korea, the balance of household loans in deposit banks, including policy mortgage loans, reached a record high of 1,062.3 trillion won at the end of June, showing an increase of 5.9 trillion won from the previous month. This surge in household loans […]
Government Housing Bank (GHB) Promotes Financial Products in Southern Thailand: The 13th Money Expo Hat Yai, Money Expo Hatyai 2023
Government Housing Bank Promotes Financial Products at Money Expo The Government Housing Bank (GHB) is urging residents in the southern region to take advantage of their wide range of financial products. To further incentivize customers, they are organizing the highly anticipated “The 13th Money Expo Hat Yai, Money Expo Hatyai 2023”, featuring special promotions. Highlights […]
Rising Home Loan Default Risk in South Korea Raises Concerns for Financial Institutions
Banks Need to Actively Manage Home Loan Default Risk as Debt Continues to Rise The total debt to principal service and interest ratio (DSR) of home loans has once again exceeded 40%, highlighting the urgency for domestic banks to proactively address the risk of home loan defaults. This alarming trend was revealed in the ‘Home […]
The new delinquency rate of the big 5 banks more than doubled in a year
May delinquency rate 0.33%… robustness declined Increase in marginal borrowers due to high interest rates and economic slowdown Advertisement for loans attached to a bank in downtown Seoul. (Photo = Yonhap News) [서울파이낸스 김현경 기자] An increasing number of marginal borrowers are having difficulty repaying loans following high interest rates and the economic slowdown. The […]
Introducing housing installments The interest is not enough to breach the principle.
Although normal financial institutions generally charge interest for the first 3 years because the interest will be low, the installment amount will be low, but it will increase in the 4th year onwards, causing the installment amount to be higher, for example, in the first 3 years, the interest is 3%, the installment amount is […]
