Bangkok--15 Mar--Bangkok Bank
Bangkok Bank announced today a 50-basis-point increase in the Bank’s 3-month and 6-month fixed terms deposits and a 25-basis-point increase in its lending interest rates, effective March 15th
The Bank has also increased interest rates for 12-month deposits of less than Baht 1 million by 50 basis points, and for deposits of more than Baht 1 million by 25 basis points. The rate for all 24-month deposits has also risen by 25 basis points.
Bangkok Bank is now paying an interest rate of 3.00 percent for 3-month deposits of less than Baht 1 million, 3.50 percent for deposits of more than Baht 1 million but less than Baht 10 million, and 3.75 percent for deposits from Baht 10 million upwards.
For 6-month deposits, the Bank pays 3.25 percent for deposits of less than Baht 1 million, 3.75 percent for deposits of more than Baht 1 million but less than Baht 10 million, and 4.00 percent for deposits from Baht 10 million upward.
For 12-month deposits, the rate for deposits of less than Baht 1 million is 3.75 percent, for deposits of more than Baht 1 million but less than Baht 10 million is 4.00 percent, and for deposits from Baht 10 million upward is 4.25 percent.
The interest rate for all 24-month deposits is 4.25 percent.
The Minimum Lending Rate (MLR) has risen from 7.00 percent to 7.25 percent, Minimum Overdraft Rate (MOR) from 7.25 percent to 7.50 percent, and the Minimum Retail Rate (MRR) from 7.50 percent to 7.75 percent.
For more information please contact:
Promporn Vejjajiva
Public Relations
02-230-2709