Bangkok: The Government Housing Bank (GHB) has introduced a new financial initiative, the 'ESG Plus Savings Account,' designed to transform savings into a tool for social contribution. This account offers an interest rate of up to 1.25 percent per year, with every 10,000 baht deposited earmarked for the construction and renovation of homes for underprivileged individuals, aiming to sustainably improve their quality of life.
According to Thai News Agency, Mr. Mahatthana Ampornphisit, Managing Director of GH Bank, stated that the bank's mission is evolving beyond traditional financial services to become a comprehensive partner in the housing sector. GH Bank is committed to supporting customers from the initial stages of homeownership, emphasizing sustainable growth and adherence to the ESG (Environmental, Social, and Governance) framework. This includes developing responsible and equitable financial products and services, facilitating equitable access to housing, addressing social inequality, and promoting clean energy and environmental conservation projects. The "ESG Plus Savings Deposit" initiative not only aids in providing housing for low-income and disadvantaged individuals but also reinvests deposited funds into environmentally friendly loans under GH Bank's Green Loan Products criteria. Account holders can benefit from a high interest rate of up to 1.25% per year for 11 months with a minimum deposit of 10,000 baht, provided they make additional deposits between July 1st and November 15th, 2026, or until the project's target is met. Additionally, individual customers enjoy tax exemption on deposit interest.
Mr. Mahatthana highlighted that by opening an ESG Plus Savings Account, customers contribute to transforming the lives of low-income and underprivileged individuals, offering them stable and safe housing, which significantly improves their quality of life. This initiative is aimed at driving the grassroots economy, reducing social inequality, and fostering sustainable happiness.