Home > Business > Thanachart ups returns on its bills

Thanachart ups returns on its bills

By The Nation
Published on September 10, 2008

Hunters of shortterm deposit rates should take a look at Thanachart Bank's latest offer. The bank has raised the returns for shortterm bills of exchange by between 0.225 and 0.525 percentage points in order to attract shortterm depositors amid the current uncertainty over the interestrate trend.

Thanachart has upped rate for sevenday bills of exchange worth Bt10 million or more from 2.875 per cent to 3.1 per cent, while the rate for 14day bills goes up to 3.2 per cent from 2.875 per cent.

The deposit rate for onemonth bills rises to 3.4 per cent from 2.875 per cent, while that for twomonth bills has gone up to 3.5 per cent from 3.125 per cent.

The new rates took effect yesterday.

Thanachart's threemonth bills offer 3.5 to 3.875 per cent, while four and fivemonth bills offer 4 per cent.

The bank's sixmonth bills offer 3.8754 per cent, ninemonth bills offer 3.875 to 4.2 per cent, 10month bills return 4.2 per cent and 12month bills come in at 3.875 to 4.2 per cent.

The bank's 85day bills of exchange offer 3.5 per cent.

{literal}

{/literal}

Excavator plant to start in 2010
Bangkok Komatsu spent more than Bt1 billion on its second excavator-assembly plant at Bangpakong to serve....
Glow building 3 power plants
Glow Energy will proceed with three new power plant projects, despite the drop in quarterly net profit on the....

{literal} {/literal}

Thanachart ups returns on its bills

Hunters of shortterm deposit rates should take a look at Thanachart Bank's latest offer. The bank has raised the returns for shortterm bills of exchange by between 0.225 and 0.525 percentage points in order to attract shortterm depositors amid the current uncertainty over the interestrate trend.

OTHER BUSINESS

Excavator plant to start in 2010

Glow building 3 power plants

Top Stories