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Nov. 5--BANKTHAI CUTS LOAN AND DEPOSIT RATES: BankThai has reduced deposit and lending rates by one-quarter to one-half percentage point, effective today.
Savings rates will fall to 1.5 percent from 1.75 percent, with three- and six-month fixed deposit rates cut to 1.75 percent from 2 percent and 12-month rates cut to 2 percent from 2.5 percent. Twenty-four month fixed rates were cut to 2.75 percent from 3 percent, with 36-month rates cut to 2.75 percent from 3.25 percent.
Minimum lending rates were cut to 6.75 percent from 7.25 percent, minimum overdraft rates to 7 percent from 7.5 percent and minimum retail rates to 7.75 percent from 8 percent. Home loan rates were cut to 7.75 ...