Bangkok: Bangkok Bank has announced a reduction in interest rates on various types of loans, following the Monetary Policy Committee's decision to support economic recovery during the current slowdown. The bank's Minimum Lending Rate (MLR) has been adjusted to 6.35%, while both the Minimum Overdraft Rate (MOR) and Minimum Retail Rate (MRR) have been set at 6.50% per annum. These changes are scheduled to take effect from February 26, 2026.
According to Thai News Agency, Mr. Chairit Anuchitworawong, Senior Executive Vice President of Bangkok Bank Public Company Limited, disclosed that the bank has decided to lower its lending interest rates. The adjustments are specified as follows: the MLR for prime corporate clients with term loans is now 6.35% per annum; the MOR for prime corporate clients is adjusted to 6.50% per annum; and the MRR for prime retail clients is also set at 6.50% per annum. These revisions are aimed at supporting economic stability and will be implemented from February 26, 2026.
This move aligns with the Monetary Policy Committee's strategy to aid economic recovery in light of the current slow and challenging economic environment. It is also intended to improve the impact of monetary and government policy measures designed to stabilize and stimulate the economy.