“Kasikorn Bank” raises deposit interest rates to the highest 0.40%-loan 0.25% effective 4 Oct.

2023-10-03 13:53:10

“Kasikorn Bank” raises deposit interest rates to the highest 0.40%-Loan interest 0.25%, effective 4 Oct.

Mr. Jongrak Ratanapian, Managing Director Kasikorn Bank (KBANK) revealed that according to the Monetary Policy Committee (MPC), the policy interest rate was raised by 0.25% to 2.50%, in line with the overall Thai economic condition that is in a recovery direction and to keep inflation at bay. In the framework of sustainable goals The bank has therefore increased the interest rates on electronic savings deposits, corporate savings deposits. Including fixed deposits up to 0.40% to promote savings. Including increasing income and purchasing power for the bank’s customers during periods of increased interest rates.

At the same time, the Bank has increased the interest rate on loans by 0.25% to be in line with the policy interest direction and promote the economy to reach a balanced state as follows, effective October 4, 2023 onwards.

– Interest rates for good large customers Term loan (MLR) type increased from 7.02% to 7.27%.

– Interest rates for large, overdraft (MOR) customers increased from 7.34% to 7.59%.

– Interest rates for prime retail customers (MRR) increased from 7.05% to 7.30%.

by Kasikorn Bank Continue to focus on taking care of and helping relieve the burden of expenses for small customers and vulnerable groups. We will consider appropriate assistance measures for customers who may be affected. and taking into account the potential and opportunities for future customer adjustment by affected customers Contact can be made through various channels of the bank.

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