
Mutual funds
BBL Asset Management has launched three new mutual funds to invest in government bonds and ECP.
Assistant managing director Wasin Wattanaworakijkul says two of the three new funds, with maturity of four to six months and 1012 months, will invest in Thai government bonds, while the other, with maturity of two to three months, will invest in ECP. These funds are available only until Monday.
SCB deposits
Siam City Bank has introduced what it calls a "sevenmonth ManKong fixed deposit", offering 3.65 per cent per annum with monthly pay¬ments of interest. The bank is also offering 24month bills of exchange with stepped interest payments up to 6 per cent per year. The new deposit products will be available until August 15.
Bangkok Bank
Bangkok Bank is offering a fivemonth fixeddeposit account providing interest of 3.8 per cent per annum. The deposit amounts must be between Bt50,000 and Bt5 million per account. Interested depositors can open the accounts at Bangkok Bank branches between Monday and August 11.
Tisco health
Tisco Bank is offering a new product called Fixed Deposit with Health Insurance, a 12month fixed deposit bundled with healthcare and per¬sonalaccident coverage. Aside from the insurance coverage, deposi¬tors will receive 3 per cent, 3.25 per cent and 3.5 per cent per year for the Bt1million, Bt3million and Bt5million fixeddeposit accounts, respectively.
GHB deposits
The Government Housing Bank has introduced a new fivemonth deposit offering 3.8 per cent interest per annum for a minimum deposit of Bt100,000 until the end of this month.
Football card
AIG has launched a new Manchester United Credit Card targeted at football fans. Cardholders will enjoy a wide range of benefits, including up to 20 per cent off of all purchases at Manchester United shops in Thailand and monthly lucky draws to win "Money Can't Buy" Manchester United playersigned memorabilia during the Barclays' Premier League season.
New policies
Ayudhya Allianz CP has launched three new policies, called Super 6, My Save 10/4 and My Life 10/10. Super 6 requires policyholders to pay a onetime premium and provides six years of coverage. Holders receive 4 per cent of the sum assured each year for five years and 104 per cent at the end of the sixth year. My Save 10/4 requires premium payments to be made over four years, and it gives a 10year coverage. Cash payments of 7 per cent of the sum assured are made to policy¬holders at the end of the second, fourth and eighth years, and after payout at the end of the 10th year, policyholders will have received 207 per cent of their investment. My Life 10/10 requires premium pay¬ments over 10 years for a 10year coverage. Policyholders will receive 1,145 per cent of the sum insured at the end of the policy term.