Bangkok, April 12 – Banks gradually increase deposit-loan interest rates. Confirm to take care of all customer groups. Ready to announce the closure of the service during Songkran
Mr. Payong Srivanich, President Krung Thai Bank revealed that from the Monetary Policy Committee (MPC) has decided to raise the policy interest rate by 0.25% to 1.75%, effective immediately on March 29, 2023, in line with expected economic and inflationary directions. The target range will be adjusted in mid-2023. The Bank has carefully considered the pass-through of the gradual increase in funding costs. with the emphasis on taking care and helping all groups of customers Both customers who deposit money and credit customers Especially the vulnerable groups who are still susceptible to the burden of higher cost of living. and SME customers To be able to adapt smoothly and meet economic challenges.
The bank raised the deposit interest rate to a maximum of 0.35% per year to promote savings for depositors to earn more income. In a situation where the cost of living is rising and increase the loan interest rate to a maximum of 0.25% per year, by adjusting the interest rate for large customers (MLR) by 0.25% per year to 6.60% per year, adjusting the loan interest rate for good large customers Overdraft type (MOR) increased by 0.20% per year to 7.07% per year and increased the retail loan interest rate (MRR) by 0.25% per year to 7.12% per year, effective from April 13, 2023 onwards.
Ms. Kattiya Indaravichai Chief Executive Officer Kasikorn Bank revealed that the bank responded to the policy rate hike from 1.50% to 1.75% per year in line with the domestic economy that tends to continue to expand from tourism. and domestic spending By raising the interest rate for all types of fixed deposits to a maximum of 0.35% in order to reflect the Bank’s emphasis on taking care of depositors through savings support and increasing purchasing power for all groups of the Bank’s customers amid rising cost of living. climb
for adjustable loan interest rates Interest rates for prime large customers Term loan (MLR) increased by 0.25% from 6.57% to 6.82%, interest rate for prime large customers, overdraft type (MOR) increased by 0.25% from 6.89% to 7.14%, interest rate for retail customers Prime Sub-Level (MRR) increased 0.25% from 6.60% to 6.85%, effective April 13, 2023 onwards.
Bangkok Bank Increase interest rates for both deposits and loans, effective from April 11, 2023. Increase deposit and loan interest rates. The interest rate on deposits is increased by 0.05-0.30%, savings deposits are 0.55% per year, 3-month fixed deposits are 0.75% per year, 6-month fixed deposits are 0.85% per year, and 12-month fixed deposits are 1.15% per year. has adjusted the interest rate for special 8-month fixed deposits to 1.25% per year and special 14-month fixed deposits to 1.45% per year
Loan interest rates The MRR interest rate (MRR) or the interest rate for retail customers (Minimum Retail Rate), the bank increased 0.05% to 6.85% per year, while the MLR (MLR) or the interest rate for retail customers. large, top grade Type of loan with a term (Minimum Loan Rate) and MOR (MOR) or interest rate for prime large customers Type of overdraft (Minimum Overdraft Rate) increased by 0.20% to 6.65% p.a. and 7.10% p.a., respectively.
In addition, the bank has announced the opening-closing date. Branch service during the Songkran Festival 2023 .-Thai News Agency
Source: Thai News Agency
