Siam Commercial Bank (SCB) wIll today riase its interest rate on time deposit by 0.25 per cent for individual customers with an account of not more than Bt5 million, The bank's president and chief executive officer Arthid Nanthawithaya said yesterday.
The 0.25 per cent increase will boost the bank's time deposit rate to between 1.15 per cent and 1.85 per cent a year, he said, adding that loan rates will remain unchanged, he said.