Responding to the government’s call for a cut in lending rates,หวย แลนด์ the Thai Bankers Association (TBA) announced today that it has decided to reduce the minimum retail rate (MRR) for creditworthy retail borrowers, among them financially fragile people and SMEs, by 0.25% for six months.

TBA president Payong Srivanich said today that the association’s committee, at its meeting yesterday, was fully aware of the need to help financially fragile customers while the economy is still recovering.

The 0.25% MRR cut will help ease their interest burden, giving them an opportunity to recover, in tandem with the driving of the economy by the state and in line with the central bank’s responsible lending and sustainable debt resolutions, said Payong.

He also said that the TBA and its member banks realise their corporate responsibility to help their customers, small entrepreneurs and members of the public.

The TBA’s decision comes after Prime Minister Srettha Thavisin invited the CEOs of the Bangkok, Krung Thai, Kasikorn and Siam Commercial banks for a meeting at Government House on Tuesday, to seek their cooperation by reducing their lending rates.

• Tags:
• Thailand Economy
• Thailand News
• ข่าวเศรษฐกิจ

• Share Post

NACC faults former Deputy House Speaker for gross violation of ethical conduct

• April 25, 2024

Myanmar ethnic armed group executes three personnel

• April 25, 2024

Related News

• 

  Srettha and Thaksin meet over cabinet reshuffle speculation

  • April 25, 2024
• 

  Talks underway to cut toll on Ngamwongwan-Rama 9 expressway

  • April 25, 2024
• 

  Govt brushes off central bank’s call for review of digital wallet scheme

  • April 24, 2024
• 

  Are Labubu figures based on Cambodian folklore?

  • April 24, 2024

Recent Posts

• Srettha and Thaksin meet over cabinet reshuffle speculationApril 25, 2024
• Private hospital fined Bt100,000 for refusing emergency treatmentApril 25, 2024
• Military digs in to beat back attempts to end its role running businessesApril 25, 2024
• Myanmar ethnic armed group executes three personnelApril 25, 2024
• Thai banks agree to reduce lending rates by 0.25% for six monthsApril 25, 2024

Thai PBS World

Tweets by ThaiPBSWorld