Bangkok: GH Bank has announced a new savings initiative, encouraging Thais to save more with the launch of a savings account offering an interest rate of up to 1.85% per year. The account, named ‘Keomsom’, is available for customers to open until December 30, 2025.
According to Thai News Agency, the Government Housing Bank (GHB), a state financial institution with the mission to support Thai citizens in acquiring homes, has introduced this savings account to promote disciplined saving habits. The ‘Keomsom’ account offers an interest rate of 1.85% per year for balances not exceeding 200,000 baht. Customers can open an account with a minimum deposit of 500 baht from now until the deadline or until the project’s credit limit is reached.
Depositors are afforded the flexibility to deposit and withdraw funds an unlimited number of times, with interest being credited twice annually on June 29 and December 29. Individual account holders benefit from an exemption from interest tax on their deposits. The account can be opened at any GHB branch, and additional information is available through GHB branches nationwide, the GH Bank Call Center at 0-2645-9000, or the Government Housing Bank Facebook Fanpage. Updates and news can also be followed via the GHB ALL GEN application and the bank’s official website at www.ghbank.co.th.