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Bangkok Bank increases deposit and loan interest rates in line with economic recovery trend
Bangkok Bank increases deposit and loan interest rates in line with economic recovery trend
Bangkok Bank is raising both deposit and loan interest rates in line with the expected economic recovery trend, with effect from April 11, 2023.
Bangkok Bank Senior Executive Vice President Mr. Suvarn Thansathit said that Bangkok Bank has announced an increase in deposit and loan interest rates. The deposit interest rate is increasing by 0.05-0.30%, so the savings deposits interest rate has increased to 0.55% per annum, 3-month fixed deposits to 0.75% per annum, 6-month fixed deposits to 0.85% per annum, and 12-month fixed deposits to 1.15% per annum. The interest rate for 8-month fixed deposits has increased to 1.25% per annum and 14-month fixed deposits for 14 months to 1.45% per annum. This will help increase income for depositors.
In terms of loan interest rates, the MRR, or the minimum retail rate, will increase by 0.05% to 6.85% per annum, the MLR or the minimum loan rate by 0.20% to 6.65% per annum and the MOR (Minimum Overdraft Rate) also by 0.20% to 7.10% per annum, respectively.
Bangkok Bank Senior Executive Vice President Mr. Suvarn Thansathit said that Bangkok Bank has announced an increase in deposit and loan interest rates. The deposit interest rate is increasing by 0.05-0.30%, so the savings deposits interest rate has increased to 0.55% per annum, 3-month fixed deposits to 0.75% per annum, 6-month fixed deposits to 0.85% per annum, and 12-month fixed deposits to 1.15% per annum. The interest rate for 8-month fixed deposits has increased to 1.25% per annum and 14-month fixed deposits for 14 months to 1.45% per annum. This will help increase income for depositors.
In terms of loan interest rates, the MRR, or the minimum retail rate, will increase by 0.05% to 6.85% per annum, the MLR or the minimum loan rate by 0.20% to 6.65% per annum and the MOR (Minimum Overdraft Rate) also by 0.20% to 7.10% per annum, respectively.
bangkokbank:assets/news/news-category/2023
April 11, 2023
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