“Krungthai” raises interest rates on deposits and loans

Bangkok 3 Jun-Krung Thai Bank promote savings Raise deposit interest rates up to 0.25% per year, raise lending rates by 0.20% per year, effective June 6.

Mr. Payong Srivanich, President Krung Thai Bank revealed that the bank is considering raising interest rates. This is in line with the decision of the Monetary Policy Committee (MPC) to raise the policy rate by 0.25%, reflecting the economic recovery. and the inflation rate has decreased back to the target range. By being aware of the care of the depositor Ready to continue to support and take care of SME entrepreneurs and households who are sensitive to higher cost of living and debt burden. to give customers time to adjust And support the growth of the economy with stability.

The bank announced an increase in the deposit interest rate by 0.05-0.25% per year to promote savings. Let depositors have more income in a situation where the cost of living is rising. and adjust the loan interest rate For prime large customers (MLR) increased by 0.20% per year to 6.80% per year, adjusting the loan interest rate for prime large customers. type of overdraft (MOR) increased by 0.20% per year to 7.27% per year and increased the retail loan interest rate (MRR) by 0.20% per year to 7.320% per year, effective from June 6, 2023 onwards

The Bank is committed to helping all groups of customers. by SME entrepreneurs and customers who are sensitive to debt and higher cost of living to have the least impact Ready to support the acceleration of adaptation continuously. through group-specific assistance measures with a variety of financial instruments to reduce the burden of installments Can consider reducing interest and principal burden By considering what is appropriate and necessary for each customer. Support for debt restructuring That reflects the ability to pay debt and the risk of the customer.

For interested customers, register at https://krungthai.com/th/personal/loan/personal-loan/486 Contact us at Krungthai Bank, every branch or Krungthai Contact Center Tel. 02-111-1111.-Thai News Agency

Source: Thai News Agency