Monday September 24, 2018 13:07

INTEREST RATES Press Releases

Photo Release: KLeasing launches For All Your Auto-Finance Needs campaign for KBank Payroll customers Stcoks—29 Aug 18

Mr. Kittichai Darnvachirakul, KLeasing Deputy Managing Director, recently unveiled the "KLeasing: For All Your Auto-Finance Needs" campaign, which offers a number of privileges for KBank Payroll customers. These include special interest rate starting at

AEON celebrates Chinese New Year with special gold loans and free travel luggage Stcoks—06 Feb 18

AEON Thana Sinsap (Thailand) Public Company Limited celebrates with a special Chinese New Year promotion get gold loans with low interest rates 12 months. And installment gold up to THB 20,000 with all AEON partner stores nationwide will get free 20-inch

Thailand a Homebuyers Market with Low Interest Rates, Gradual Price Properties—21 Nov 17

The Thai property market remains buoyant as the economy continues its slow recovery, with increasing supplies providing greater opportunities for new homebuyers, the inaugural DDproperty Property Index revealed today. DDproperty, Thailand's No.1 online

Bangkok Bank lowers Minimum Overdraft Rate by 0.25% and Minimum Retail Rate by 0.50% to reduce Stcoks—15 May 17

Bangkok Bank announced cuts of 0.250% and 0.500% in its MOR (Minimum Overdraft Rate) and MRR (Minimum Retail Rate) to 7.125% for both types of loan interest rates, effective 16 May 2017, to help lower the financial costs of SMEs, increase their

Photo Release: EXIM Thailand Extends Low Interest Rate Innovation Financing to Support KV Stcoks—19 Jan 17

EXIM Thailand, under the cooperation with NSTDA, provides 7 million baht financing with low interest rates to KV Electronics Co., Ltd. for its manufacturing system evolution under the Ministry of Industry's robotics automation super-cluster plan. Mrs.

Earnings of Japanese banks hindered by negative rates, stronger yen Stcoks—14 Nov 16

Profits at Japan's top banks were hurt by negative interest rates and a stronger yen in the fiscal first half, highlighting challenges in the banking industry. Japan's biggest lender, Mitsubishi UFJ Financial Group Inc. or MUFG, reported net income of

Caribbean Leaders and IMF Discuss Challenges and Opportunities of Shifting Global Economic Stcoks—03 Nov 16

- Low but stable oil prices, subdued recovery in advanced economies, and low interest rates levels influencing the region's economic outlook - Impact of Cuba's further opening up in the tourism industry likely to be manageable over the long run -

IMF Executive Board Modifies PRGT Interest Rate Mechanism and Approves Zero Rates on All Low-Income Stcoks—07 Oct 16

On October 3, 2016, the Executive Board of the International Monetary Fund (IMF) approved a modification of the mechanism governing interest rate setting of PRGT facilities and set the interest rates to zero on all Fund concessional loans under the PRGT

IMF Managing Director Christine Lagarde Welcomes the Extension of Zero Interest Rates on all IMF Stcoks—04 Oct 16

IMF interest rates on concessional lending will continue to be set at zero for as long as and whenever global interest rates are lowMs. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), welcomed the decision taken today by

Commerzbank to cut 9,600 jobs and suspend dividend Stcoks—29 Sep 16

Commerzbank, the second-biggest bank in Germany, has suspended its dividend and revealed more than 9,000 job losses as it tries to shore up its business in the face of ultra-low interest rates and sagging client activity. The bank said its decision to

Bank of Japan sets long-term rate target in major policy overhaul Stcoks—21 Sep 16

Japan's central bank kept rates steady at its meeting Wednesday, but issued a plethora of fresh changes to its policy approach, marking its latest attempt to boost prices and goose economic growth. Among the changes, the Bank of Japan (BOJ) said it would

Bank of Japan#s Kuroda says room for more easing, including new ideas Stcoks—05 Sep 16

Bank of Japan Governor Haruhiko Kuroda signalled his readiness to ease monetary policy further using existing or new tools, shrugging off growing market concerns that the bank is reaching its limits after an already massive stimulus programme. He also

Chinas central bank pledges to maintain flow of cash in banking system to keep interest rates Stcoks—26 Aug 16

China's central bank will keep sufficient liquidity in the banking system so interest rates can be kept low and banks have cheap money to lend, Yi Gang, a deputy governor at the People's Bank of China said on Friday. His comments came hours before a

President Kenyatta signs Kenya#s banking amendment act 2015 into law Stcoks—24 Aug 16

What the banking sector was fearing for has finally come to pass. President Uhuru Kenyatta has today assented the banking amendment act 2015 to favour MPs and banking customers. The President says banks need to do more to reduce the cost of credit and

BOJ#s Kuroda says won#t rule out deepening negative rate cut - Sankei Stcoks—19 Aug 16

The Bank of Japan will not rule out deepening a cut to negative rates it introduced in February, the Sankei newspaper quoted Governor Haruhiko Kuroda as saying, even as the controversial policy has failed to spur inflation or economic growth. In an

ECB minutes flag Brexit and banking sector concerns Stcoks—18 Aug 16

Frankfurt -- European Central Bank policy makers warned at their July meeting that Britain's vote to leave the European Union created fresh headwinds for the eurozone and could affect the world economy, suggesting they may be ready to launch fresh

Barclays, US states in $100m Libor fraud settlement Stcoks—09 Aug 16

British financial giant Barclays Bank PLC on Monday reached a $100 million settlement with 44 US states and the District of Columbia over interest rate manipulation in the financial crisis era. The settlement, announced by New York Attorney General Eric

FSB publishes progress report on implementation of recommendations to reform major interest rate Stcoks—19 Jul 16

The Financial Stability Board (FSB) has published the Reforming Major Interest Rate Benchmarks which provides a progress report on implementation of its July 2014 recommendations to reform major interest rate benchmarks. The report finds that, since the

KTC launches Super Save 70% campaign for new members acquisition , rewarding up to 70% discount Stcoks—18 Apr 16

Miss Sirikalya Suthanyaphruet, Vice President - Personal Loans Business "KTC" or Krungthai Card Public Company Limited, launched a big campaign, namely "Super Save 70%," rewarding all new members of up to 70% discount interest rates in the first two

KTC and Aurora introduce new campaign for the summer where it is possible to pay for gold at Stcoks—07 Apr 16

Mrs. Naowarat Keratikasemsook, Senior Manager - Merchant Acquiring "KTC" or Krungthai Card Public Company Limited, and, Mr. Aniruth Sriroongtham, Business Development Manager, Aurora Gold and Jewelry, announced a summer campaign to help KTC members pay

Indias stealth rate cut could have an outsized effect Stcoks—21 Mar 16

Although paying postal-savings depositors slightly less for their cash may appear a minor tweak, the move could end up having a bigger salutary effect on bank balance sheets, and the country's nervous bond market, than the Reserve Bank of India's (RBI's)

BoJ surprises, adopts negative rates Economics and FX comment Stcoks—01 Feb 16

In a somewhat unexpected move, the BoJ policy board today voted 5-4 to adopt negative interest rates as part of a new monetary policy framework. The decision will establish a multi-tier deposit rate system in which the central bank will begin charging a

State of Bank of Vietnam adjusts maximum USD mobilizing interest rates Stcoks—18 Dec 15

In order to continue implementing consistent measures of preventing dollarization, and changing the relation of mobilizing and lending in foreign currencies into the relation of buying and selling in foreign currencies, the State Bank of Vietnam (SBV)

Brazil: no quick fix for the crisis Stcoks—09 Nov 15

Brazil, downgraded to B (significant risk of businesses defaulting) by Coface in September, has been facing a scenario of economic juggling. The Central Bank's increase in interest rates, to control inflation, has compromised GDP. Lower activity is

EXIM Thailand Improves SEZ Investment Loans with Lower Interest Rates and Additional Short-Term Stcoks—29 Oct 15

Mr. Kematat Saicheur, EXIM Thailand's Acting President, revealed that during his visits to various provincial chambers of commerce and local entrepreneurs, many entrepreneurs have indicated an interest in the Bank's Financing Facility for Investment

Details of special campaign for customers who purschase Mitsubishi car from October 1-31, 2015 at Automotive—06 Oct 15

Model Special Offer Mitsubishi Mirage Specialinterest rate forlow down payment starts at 10%*1 (48 months installment, interest rate starts at 2.29%). or" Smart Program" with daily payment starts at 99