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Worth Your Satang



Below are financial products and services available this week.

- Krungthai Card launches "Redeem 1 Fly 2" campaign, allowing KTCRoyal Orchid Plus cardholders to redeem reward points for a ticket but "Fly 2" anywhere with Thai Airways International. For new KTCRoyal Orchid Plus members, spend at least Bt20,000 and immediately receive 20,000 points from 1 July to 31 August. Receive the maximum 300,000 points when spending via KTCRoyal Orchid Plus VISA Infinite/World MasterCard/and VISA Platinum from 1 July to 30 September.

- PTT13CA, the country's first derivatives warrant (DW), with PTT's stock as underlying assets, will be offered to the public until the end of this month at Thanachart Securities. The DW will debut on July 9 and mature on December 14 this year. The minimum subscription required is Bt20,000.

- Siam City Bank rolls out 8-month and 15-month fixed-deposit accounts with maximum interest rates of 1.6 per cent and 2.25 per cent per annum respectively. The 8month fixeddeposit account will pay interest rate at 1 per cent per annum for the first five months and 1.6 per cent for the remaining period.

The 15month fixeddeposit account will yield interest rate of 1.25 per cent per annum for the first 10 months and 2.25 per cent for the remaining term.

The minimum deposit required is Bt50,000. The accounts are available at the bank's branches nationwide until July 17.

- Kiatnakin Bank offers 36-month, 24-month and 12-month fixed-deposit accounts carrying interest rates at 3 per cent, 2.72 per cent and 1.3 per cent per annum.

- Kasikornbank rolls out an Online RetailFunds Transfer service through its cash deposit machines, allowing anyone to transfer money accounts at seven other banks: Bangkok Bank, Krung Thai Bank, Siam Commercial Bank, TMB Bank, Bank of Ayudhya, Siam City Bank and United Overseas Bank (Thai). The service is available daily between 6am. and 9pm.

- Krung Thai Asset Management reopens Krung Thai Smart Invest 6M3 (KTSIV6M3) and Krung Thai Capital Protection Fixed 3M Fund 1(KTFIX3M1) until June 26 and June 30, respectively.

KTFIX3M1 invests in local government bonds at a ratio of 98 per cent of net asset value (NAV) and deposit accounts of ACL Bank for the remaining period. The fund is expected to yield a return of 0.75 per cent per annum.

KTSIV6M3 invests in deposit accounts of ACL Bank and Kiatnakin Bank at a combined ratio of 25 per cent, Standard Chartered Bank's debentures at 25 per cent, bills of exchanges (B/Es) issued by Rojana Industrial Park Plc and Mitr Phol Sugar Group at 25 per cent each. Its return is expected at 1.5 per cent per annum.

- ING Funds (Thailand) launches an initial public offering (IPO) of ING Thai ISF12M5 until June 30. The fund invests in debt instruŽments or deposit accounts issued or guaranteed by the South Korean government and all investments are fully hedged against foreign-exchange risk. Its return is expected at 3.2 per cent per annum. The minimum purchase is Bt10,000.



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