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Korn urged narrower interest spread



Korn urged narrower interest spread

Korn Chatikavanij

Finance Minister Korn Chatikavanij urged financial institutions to maintain deposit and lending spreads at a fair level, for the survival of all.

 He said at Post Forum on Thursday that though the Monetary Policy Committee reduced the policy rate to 2 per cent, the rate discrepancy is still large.

 "The ministry can't intervene the market. But for the survival of all, banks should consider lowering their clients' financial cost. If the clients can thrive, the non-performing loans would not rise," he said.


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