GSB to Launch Nok Krasip Loan for Small Merchants

Thansettakij•Economy•6d ago

Reader Briefing

Government Savings Bank is developing a new loan project called Nok Krasip to help small-scale merchants access funding using alternative data.

•Government Savings Bank and Krungthai Bank are considering the launch of the Nok Krasip loan project.
•The loan will use alternative data such as QR Code payment history and the Maha Heng system instead of traditional collateral.
•Government Savings Bank reports that NPLs remain very low at under 4%.

•Government Savings Bank and Krungthai Bank are currently considering the launch of the Nok Krasip loan project to assist small entrepreneurs and grassroots merchants.
•Government Savings Bank will use alternative data, including payment behavior and QR Code transaction records via the Maha Heng system, to assess creditworthiness.
•The Nok Krasip project will link data from various systems, including merchants under the Thai Chuai Thai Plus 60:40 project.
•Government Savings Bank currently holds a database of over 2,400,000 small-scale and grassroots customers.
•Soft Loan approvals and disbursements have reached approximately 50,000 million baht out of a 100,000 million baht limit.
•Government Savings Bank's EV Loan first phase of 5,000 million baht was fully utilized, leading to an additional 5,000 million baht approval.
•The non-performing loan (NPL) ratio for Government Savings Bank remains below 4% and is continuing to decrease.
•Government Savings Bank's net interest margin (NIM) has decreased to 1.7 - 1.9% due to policies to reduce loan interest and increase deposit interest.

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Songphon Cheewapanyaroj

"This loan consideration will involve using the transaction and trade data of merchants in the Thai Chuai Thai Plus project for consideration."

การพิจารณาออกสินเชื่อครั้งนี้ จะเป็นการนำข้อมูลธุรกรรมและการค้าขายของพ่อค้าแม่ค้าที่อยู่ในโครงการไทยช่วยไทยพลัส มาพิจารณา

Songphon Cheewapanyaroj(ทรงพล ชีวปัญญาโรจน์)

Director of Government Savings Bank.

Government Savings Bank(ธนาคารออมสิน)

A financial institution preparing to launch the Nok Krasip loan and providing various credit facilities including Soft Loans and EV Loans.

Krungthai Bank(ธนาคารกรุงไทย)ℹ️

A bank currently considering the Nok Krasip loan project alongside Government Savings Bank.

Maha Heng(มหาเฮง)

A QR Code payment system used as alternative data for credit scoring by Government Savings Bank.

Government Housing Bank(ธนาคารอาคารสงเคราะห์)ℹ️

One of the two main financial institutions responding to the government's energy transition policy regarding Solar Rooftop loans.

Nok Krasip(นกกระซิบ)

A loan project aimed at helping small-scale entrepreneurs and grassroots merchants access capital.

Thai Chuai Thai Plus(ไทยช่วยไทยพลัส)

A project whose merchant transaction data will be used to evaluate loan eligibility for the Nok Krasip project.