Bangkok Bank lowers Minimum Retail Rate by 0.25% in response to government policy to stimulate economy

Friday 22 April 2016 08:52

Bangkok Bank Senior Executive Vice President Suvarn Thansathit announced a cut of 0.250% to 7.625% in the bank's MRR (Minimum Retail Rate), effective 25 April 2016, in response to government policy focused on stimulating the country's economy.

He said "Bangkok Bank is committed to supporting economic growth alongside the government sector, and has cut its lending rate in order to help business operators reduce their interest rate costs, ease their financial burdens, and operate in a sustainable fashion".

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