Mr. Kamolphop Weerapala, Managing Director of the Government Housing Bank (GHB) and Ms. Narathana Rattapat, Managing Director of the Sukhumvit Asset Management Company (SAM) have signed a Memorandum of Understanding (MOU) for the GHB Big Family Project to provide more options for customers looking to purchase foreclosed properties from SAM on the online platform www.ghbankbigfamily.com, with a special first-year interest rate of 1.99% per annum.

Mr. Kamolphop Weerapala stated that GHB, as a state financial institution with the mission to "make Thai people homeowners", is committed to continuously improving services for customers by providing more convenient options for purchasing housing and easier access to low-interest loans. This initiative aims to help customers own their homes. Therefore, GHB has signed an MOU with SAM under the GHB Big Family Project: A comprehensive website addressing all housing needs, which consolidates products and services related to housing from the bank's partners and second-hand homes into one online platform. Interested individuals can purchase foreclosed properties from SAM and apply for loans from GHB through the website www.ghbankbigfamily.com.

GHB has allocated a budget of 1 billion baht for the Big Family Home Loan Project in 2024 to support low-interest home loans for customers, with a fixed first-year interest rate of 1.99% per annum. For the second and third years, the rate will be fixed at 3.15% per annum, averaging only 2.76% for the first three years. In the fourth year and throughout the loan term, the rate for welfare customers will be MRR-1.00% per annum, and for retail customers, it will be MRR-0.50% per annum (the current MRR rate of GHB is 6.545% per annum). The maximum loan term is 40 years, and for a loan of 1 million baht, the first-year installment is only 3,100 baht per month!

Ms. Narathana Rattapat expressed that on behalf of SAM, she is pleased and grateful to GHB for signing this cooperation agreement, as SAM customers will have more options to purchase foreclosed properties on GHB's online platform, along with receiving special low-interest loans from GHB. SAM has a policy of utilizing assets to stimulate the economy and create added value, leading to job creation and strengthening the overall economy of the country. SAM is continuously releasing foreclosed properties for sale and disseminating information to serve as a hub for potential real estate in various locations, allowing interested investors to create opportunities and business wealth.

The GHB Big Family Project is an initiative by GHB to gather all housing-related products and services on the website www.ghbankbigfamily.com to serve as a comprehensive hub for housing. The website acts as a bridge connecting customers with the bank's business partners. In 2023, GHB introduced the My Home function, which consolidates products and services from partner agencies and stores, along with special promotions such as appliances, sanitary ware, kitchen and bedroom items, as well as services like home repair and cleaning.

In 2024, GHB will launch the function “The Right Home for You”, which gathers real estate partners, both new and second-hand homes, that have agreements with the bank, including NPA properties from GHB. Customers can easily find the right home at a favorable price by visiting www.ghbankbigfamily.com, selecting the “The Right Home for You” function, and can immediately apply for special low-interest loans from GHB.

For those interested, more details can be obtained at GHB branches nationwide or by calling the GHBank Call Center at 0-2645-9000
or visiting the Government Housing Bank Facebook Fanpage.
Stay updated with news via the GHB ALL GEN Application
and www.ghbank.co.th
or contact the SAM Call Center at 02-686-1888
or visit www.sam.or.th.