KTB offers 4.1% B/E rate
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Krung Thai Bank and its subsidiary KTB Asset Management launched a joint programme to boost sales of long-term equity fund and bill of exchange.
The "KTB-B/E Together" scheme allows those who invest an equal amount in LTF and 4-month B/E, from Bt50,000, to earn the high B/E rate of 4.1 per cent.
The fund company believes that the stock market could pick up after October when it becomes clearer how the euro zone crisis would be solved and how several countries would boost their economies. It sees that the fall in the stock market presents a buy opportunity. The fund house expects listed companies to show earning growth of 12 per cent next year, even without a corporate tax cut.
