Together with the Fiscal Policy Office (FPO) and the Government Savings Bank (GSB) and German Sparkassenstiftung Foundation for international Cooperation (DSIK) has established the project “Strengthening of Financial Capability in the Kingdom of Thailand” to improve the socio-economic living conditions in the rural areas, especially in the north-east of the Kingdom of Thailand (Isaan). A lack of financial capabilities and economic understanding substantially contributes to poverty, insufficient savings and over-indebtedness, it also impedes that the inhabitants of these regions are able to exploit all economic chances and possibilities.
The project’s target groups are grassroot people (i.e. poorer households) as well as students of GSB-affiliated school banks in the pilot provinces of Nongbua Lampoo, Nong Khai, Sakon Nakhon, Ubon Ratchathani, Sisaket, and Khon Kaen.