BBL-Kbank lower interest rates

 At BBL, the fixed deposit rates are cut 25-50 basis points while lending rates are slashed by 25 basis points.  Its 3-month fixed deposit rate is down to 1.25 per cent for deposits lower than Bt3 million and 1.5 per cent for deposits of Bt3 million or higher.

 Kbank President Prasarn Trairatvorakul said the moves are in line with the economic conditions.

 BBL and Kbank have cut all types of lending rates by 25 basis points, bringing its minimum lending rate (MLR) to 6.50 per cent, minimum overdraft rate (MOR) to 6.75 per cent and minimum retail rate (MRR) to 7 per cent. 

 At Kbank, the fixed deposit rates are also cut 35-50 basis points. The 3-month fixed rate is brought down to 1-1.25 per cent from 1.35-1.75 per cent.