Bangkok, June 1 – Bangkok Bank raises interest rates for both deposits and loans. according to the forecast of the Thai economic trend that continues to expand, effective from June 2, 2023

Mr. Suwan Tansathit Executive Vice President Bangkok Bank Public Company Limited announced that the bank announced an increase in deposit and loan interest rates. The interest rate on deposits is increased by 0.05-0.25%, savings deposits are 0.60% per year, 3-month fixed deposits are 0.95% per year, 6-month fixed deposits are 1.05% per year, 12-month fixed deposits are 1.35% per year, fixed deposits are 24 month is 1.75% per year and fixed deposits for 36 months are 1.90% per year, while e-Saving savings deposits of not more than 1 million baht are 1.50% per year and the amount exceeding 1 million baht is 0.60% per year.

The interest rate on loans increased by 0.20%, with the interest rate MLR (MLR) or the interest rate for prime large customers. Type of loan with a term (Minimum Loan Rate) is 6.85% per year MOR (MOR) or interest rate for large customers. Type of overdraft (Minimum Overdraft Rate) is 7.30% per year and MRR (MRR) or interest rate for retail customers (Minimum Retail Rate) is 7.05% per year. – Thai News Agency

Source: Thai News Agency