Bangkok--20 Feb--Bangkok Bank
Bangkok Bank has decreased loan interest rates 0.125% effective 21 February, and introduced a new 4-month fixed deposit account, offering an interest rate of 2.625% per annum. The minimum deposit is Baht 200,000. The offer is available until 21 March.
Bangkok Bank Senior Executive Vice President Suvarn Thansathit said Bangkok Bank would decrease loan interest rates including the Minimum Loan Rate (MLR) from 7.250% to 7.125%, Minimum Overdraft Rate (MOR) from 7.500% to 7.375% and Minimum Retail Rate (MRR) from 8.000% to 7.875%. All new rates are effective from February 21, 2012
And inviting Thai residents to open a 4-month fixed deposit account and enjoy an interest rate of 2.625% per annum. The minimum deposit is Baht 200,000, while additional deposits can be made in multiples of Baht 200,000. The special campaign is available until Wednesday 21 March, 2012.
Interested customers can open the special account at any Bangkok Bank nationwide. For more information, please call Bualuang Phone 1333 or visit the Bangkok Bank website: www.bangkokbank.com
Lending rates in detail
Type of loan Previous rates Current rates
(% per annum) (% per annum)
Minimum Loan Rate (MLR) 7.250 7.125
Minimum Overdraft Rate (MOR) 7.500 7.375
Minimum Retail Rate (MRR) 8.000 7.875