Bangkok, June 8 - Siam Commercial Bank raises deposit rates to a maximum of 0.25% and raises loans by 0.18-0.20%, effective June 9, 2023.
Mr. Krit Chanthanotok Chief Executive Officer The Siam Commercial Bank Public Company Limited said that the Thai economy tends to expand continuously. Headline inflation tends to fall within the target range of the Bank of Thailand (BOT). Up 0.05% - 0.25% per year to help promote long-term savings and help depositors earn more interest. and raising the loan interest rate by 0.18% - 0.20% per year to reflect the higher cost of financing in the system By adjusting the interest rate for prime retail customers (Minimum Retail Rate) from the current 6.87% to 7.05% per year, the interest rate charged to prime large customers (Minimum Loan Rate) from the current 6.60% to 6 .
The Bank is ready to provide continuous support to customers. by maintaining special measures to help in various fields for vulnerable customers taking into account the potential and opportunities for adaptation of customers in the future For customers who wish to request assistance or advice, they can contact the bank through the channels that the customer has contacted. or can inquire at the Siam Commercial Bank Customer Service Center, SCB Call Center 02-777-7777.- Thai News Agency
Source: Thai News Agency