BBL offers BE

Bangkok Bank will offer short-term bills of exchange (BE) as a new low-risk investment option to customers who hold deposits of Bt1 million or more. The bills of exchange will be offered in terms of three, six, and 12 months and will be available at Bangkok Bank branches from Monday, October 22, 2007.

Bangkok Bank Executive Vice President Ruchanee Nopmuang said the bank will issue short-term bills of exchange as a new low-risk investment option for deposit customers who are seeking a higher rate of return than a fixed deposit.

The three-month and six-month bills of exchange will offer an interest rate of 2.60 percent per annum, while the 12-month term will offer an interest rate of 2.75 percent per annum. The minimum purchase is Bt1 million. - The Nation

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BBL offers BE

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