Many banks have gradually announced a 0.40% increase in interest rates on loans, effective from 2023 onwards, following the increase in the FIDF remittance rate.
Commercial Bank of Siam
Mr. Krit Chanthanotok Chief Executive Officer Siam Commercial Bank Public Company Limited reveals that after the BOT enabled financial institutions to revert to FIDF remittances at the same rate from early 2023 onwards, Siam Commercial Bank Therefore, it is necessary to increase the MLR, MOR and MRR loan interest rate at a rate of 0.40% per annum, equal to the rate the bank has lowered the loan interest rate since the inception of this FIIDF rate cut in April. 20
- Loan interest rates Buon Retail Rate (Minimum Retail Rate) from the current 6.12% to 6.52% per annum.
- interest rate Good for large customers (Minimum Loan Rate) from the current 5.75% to 6.15% per annum.
- interest rate large large customers Type of overdraft (Minimum Overdraft Rate) from the current 6.345% to 6.745% per annum.
For the new interest rate, it will take effect from January 1, 23 onwards.
Casikorn Bank
Ms. Kattiya Indaravichai, Chief Executive Officer of Kasikorn Bank, said Kasikorn Bank is considering raising interest rates on MLR, MOR and MRR loans by 0.40%.
- The MLR interest rate increased by 0.40% from 5.97% to 6.37%.
- The interest rate of the MOR loan increased by 0.40% from 6.34% to 6.74%.
- The interest rate of the MRR loan increased by 0.40% from 6.10% to 6.50%.
The interest rate increase will take effect from 3 January 2023 onwards.
Krung Thai Bank
Mr. Payong Srivanich, chairman of Krung Thai Bank, said that due to the reduction of contributions to the recovery fund under the BOT measures, Krung Thai had to reduce the interest rate on all types of loans by 0.40%. in advance, then Adjust the rate of contributions to the FIDF fund to a normal level. will create Krungthai Bank must increase loan interest rate by 0.40%, with interest rates for both large customers, MLR, MOR and MRR, with MLR interest rate at 6.15%, MOR 6.72% and MRR 6.77% pa, effective 3 January.’ 23 onwards
Ayudhya Bank
Mr. Phairot Chuenkrut, head of strategy and corporate planning Bank of Ayudhya said that this interest rate hike was in line with the current situation since the FIDF remittance rate adjustment, with the bank analyzing the market situation. comprehensive economic indicators Despite the increase in interest rates on loans, Bank of Ayudhya will continue to provide assistance to vulnerable customers according to the guidelines of the Thai Bankers’ Association
- The MLR interest rate increased by 0.40% to 6.48%.
- The MOR interest rate increased by 0.40% to 6.725%.
- The MRR interest rate increased by 0.40% to 6.65%.
The new interest rate on loans will take effect from January 3, 23 onwards.
