Krungsri increases its deposit and lending rates
Krungsri increases its deposit and lending rates, responding to the Thai economy’s continuous growth trend
Krungsri (Bank of Ayudhya PCL and its business units) announces an increase in its deposit rates by up to 0.30% per annum to continue to encourage saving habits and increase returns to our customers, and its lending rates by 0.20-0.25% per annum. As Thailand’s economy continues to thrive, the adjustment of rates aligns with the recent increase in the policy rate on 31 May 2023. These rates will take effect on 9 June 2023.
The Bank adjusts deposit and lending rates as follows.
The deposit rates
Saving deposit rate is increased by 0.05%
3-month, 6-month, and 12-month fixed deposit rates are increased by 0.10%
24-month fixed deposit rate is increased by 0.20%
36-month fixed deposit rate is increased by 0.25%
48-month fixed deposit rate is increased by 0.30%
The lending rates
Minimum Loan Rate (MLR) is increased by 0.20% to 7.03%
Minimum Overdraft Rate (MOR) is increased by 0.20% to 7.325%
Minimum Retail Rate (MRR) is increased by 0.25% to 7.15%
