Tue, July 21, 2009 : Last updated 7:02 hours
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BANK RATES
SCIB cuts lending rates by 25 bps
Siam City Bank has cut the lending rates by 25 basis points, with effect on June 1.
President and CEO Chaiwat Uthaiwan said that the rate cut is in line with the current financial conditions in the market and the government's policy to help business operators at the time of economic crisis.
The bank's minimum lending rate will be 6.25 per cent per annum while the minimum overdraft rate and minimum retail rate is 6.75 per cent.
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