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Three more ready for hikes.
Byline: Darana Chudasri
Sep. 13--Three of Thailand's largest banks are on the verge of following last week's lead of Bangkok Bank to increase lending and deposit rates later this week.
Krung Thai Bank, Kasikornbank and Siam Commercial Bank all are expected to push up both lending and deposit rates by 0.25 to 0.5 percentage points.
Bangkok Bank, the country's largest commercial bank, raised its time-deposit rates by a half-point for most terms, while boosting lending rates by a quarter point.
Yesterday, Citibank raised the rates for its fixed-deposit accounts, with nine-month rates increased by 0.65 points to as much as 2.75 percent; ...
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