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Thai ministry debunks fake news of new emergency personal loan

Share Thai ministry debunks fake news of new emergency personal loan Wed, 10 March 2021 Thailand’s Ministry of Digital Economy and Society has warned people against believing or sharing news and Internet posts claiming that the Government Savings Bank (GSB) has launched a new emergency personal loan of 10,000 baht ($325) per person, in which applicants must register via their mobile phones and repay at 400 baht per month. “The ministry’s Anti-Fake News Centre contacted the GSB’s Organisational Communication Department to verify this information and was told it was false,” the ministry said. “The GSB said the loan had been announced in 2020 to alleviate the financial burden of self-employed customers during the Covid-19 crisis, but the campaign has now ended,” it said.

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