BANGKOK, Thailand – The Government Housing Bank (GHB) has extended its debt relief measures to support customers facing financial difficulties, allowing them to retain their homes. The program covers special monitoring (SM) customers and non-performing loan (NPL) borrowers, offering assistance for up to two years under a set of targeted financial relief measures. The registration period for these measures is now open until June 30, 2025.
The Household Debt Resolution Measures provide relief for SM customers based on their loan tenure with the bank. Borrowers who have held a loan for at least three years qualify for the “HD1” measure, while those with at least one year of loan history can apply for the “HD2” measure. These measures are designed to ease financial burdens and help borrowers maintain homeownership.
Economic Hardship Assistance Measures are available to SM and NPL customers, as well as those with legal claims. The “DC1” measure covers borrowers with at least one year of loan history, while “DC2” applies specifically to NPL customers and those facing legal challenges. The “M24” measure provides relief for a broader range of affected borrowers, including retail customers and welfare recipients.
In addition, the “M17” measure offers assistance to individual NPL borrowers who are currently undergoing debt restructuring or other relief measures. To qualify, customers must have held a loan with GHB for at least six months. These measures help borrowers navigate financial challenges while maintaining stability in homeownership.
Customers interested in applying can register through the GHB ALL BFRIEND mobile application or by visiting any GHB branch nationwide. (NNT)
