Bangkok Bank increases deposit and loan interest rates
Bangkok Bank is raising both deposit and loan interest rates with Thai economy is expected to continue expanding, with effect from September 29, 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 0.10-0.25%, maximum interest rate for savings deposits is 0.55% per annum, e-Savings deposits under 1 million baht interest rate 1.50% per annum and over 1 million baht increased to 0.65% per annum, 3-month fixed deposits to 1.20% per annum, 6-month fixed deposits to 1.25% per annum, and 12-month fixed deposits to 1.60% per annum, 24-month fixed deposits to 2.00% per annum, and 36-month fixed deposits to 2.10% per annum.
In terms of loan interest rates is increasing by 0.25%, the MLR (Minimum Loan Rate) to 7.10% per annum, the MOR (Minimum Overdraft Rate) to 7.55% per annum and the MRR (Minimum Retail Rate) to 7.30% per annum.
Public Relations Department
September 28, 2023
