&nbsp;The bank did not explain the decision, which was announced ahead of the Bank of Thailand&#39;s Nov 30 meeting when the policy rate cut to boost the floods-inflicted economy is anticipated. 
	&nbsp;TMB&#39;s 12-month fixed deposit will fall 25 basis points to 3.50 per cent while deposits in the &quot;Up &amp; Up&quot; programme will fall to 3.375 per cent on average from 4 per cent. The BEs rates are also slashed by a quarter percentage point to 3.75 per cent.

TMB cuts deposit rates

Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia.

TMB cuts deposit rates

TMB Bank is cutting the interest rates for deposit accounts and bill of exchange, with effect on Nov 15.

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