ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Society

Thai banks give nod for home loans to LGBTQ+ community

State-owned housing bank advances the gender equality finance agenda

Thailand passed the first reading of the Marriage Equality Bill on June 16, improving prospects in the LGBTQ+ community for greater social and legal acceptance in a conservative society.   © Reuters

BANGKOK -- Thai banks have opened up to the LGBTQ+ community with a green light for joint home loans that raises hopes for more equal rights in Thailand's conservative financial circles.

On Tuesday, Government Housing Bank (GHB) became the first state-owned bank to give LGBTQ+ couples access to housing loans. These come with lower-than-market interest rates and maximum installment periods of up to 40 years.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more