Bangkok Bank offers fixed deposits maximum interest rate of 1.625% per annum
January 30, 2019
Bangkok Bank offers a 9-month fixed deposit with an interest rate of 1.625% per annum. An interest rate of 1.375% and 1.250% per annum is offered for 7-month and 4-month fixed deposits respectively. This offer aims to increase returns to the public, especially consumers, in line with the government’s policy and support the Thai economy to achieve its goal.
Bangkok Bank Director and Executive Vice President Thaweelap Rittapirom disclosed the Bank reviewed fixed deposit interest rates for consumers for a four month term at 1.250% per annum, seven month term at 1.375% per annum and nine month term at 1.625% per annum. Deposits can be made today.
The interest rates offered for these terms are higher than regular fixed deposit terms of three, six and twelve months. This is to increase returns to people, especially consumers, in line with the government’s policy and support the Thai economy to achieve its goal.