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Bangkok Bank bumps interest rates for 9-month fixed deposits to 1.625% per annum

Jan 30. 2019
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By The Nation

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Bangkok Bank is offering a nine-month fixed deposit with an interest rate of 1.625 per cent per annum. An interest rate of 1.375 per cent, and another of 1.250 per cent, per annum is offered for seven-month and four-month fixed deposits, respectively.

The offer aims to increase returns to the public, especially consumers, in line with the government’s policy and support the Thai economy to achieve its goal, the bank said in a press release on Thursday.

Bangkok Bank director and executive vice president, Thaweelap Rittapirom, said the Bank had reviewed its fixed deposit interest rates for consumers. Deposits can be made starting on Thursday.

“The interest rates offered for these terms are higher than regular fixed deposit terms of three, six and 12 months. This is to increase returns to people, especially consumers, in line with the government’s policy and to support the Thai economy to achieve its goal,” said Thaweelap.

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