Bank of Thailand announced an increase in deposit and loan interest rates. Effective from June 9, 2023 onwards

Bangkok, June 7 – The Government Housing Bank (GHB) announced an increase in interest rates on special savings accounts. And fixed deposits 0.05 – 0.35% per year and interest rates for all types of loans 0.25% per year, effective from June 9, 2023 onwards.

Mr. Krit Sesavej, Director of the Bank and Acting Managing Director The Government Housing Bank (GHB) revealed that according to the Monetary Policy Committee (MPC) on May 31, 2023, it resolved to raise the policy interest rate by 0.25% per year from 1.75% per year to 2.00% per year, which It is adjusted according to the Thai economy that tends to expand continuously. from the tourism sector and private consumption Including the export of goods tends to recover gradually, therefore, in line with the policy rate increase of the Bank of Thailand, the Bank of Thailand resolved to raise the interest rate for special savings. and fixed deposits of 0.05-0.35% per year to promote savings and give depositors benefits in accordance with the upward trend of interest rates. and raising interest rates for all types of loans by 0.25% per year, which is a gradual increase To help vulnerable customers get the least impact. This can be seen from the loan interest rate of the Bank of Thailand.

At the same time, the Bank of Thailand, as a state-owned financial institution with a mission to “make Thai people have houses”, also offers low-interest loans. For those who want to have their own residence as well. by raising the interest rate as such To take effect from June 9, 2023 onwards. Those interested can ask for more details at GH Bank, all branches nationwide, GH Bank Call Center, call 0-2645-9000 or Facebook Fanpage, Government Housing Bank And follow the news of the bank at Mobile Application: GHB ALL GEN and . – Thai News Agency

Source: Thai News Agency

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