Bangkok, Bangkok Bank Respond to government measures Reduce the financial burden of customers. Announcement of reduction of MRR by 0.25%, effective 29 April 2024. As the Thai Bankers Association (TBA) sees the need to issue additional assistance measures for vulnerable customers while the economic recovery is still incomplete and uneven. By reducing the interest rate for prime retail customers (MRR) by 0.25% for vulnerable customers. Both individual and SME customers for a period of 6 months to reduce interest burden. and support recovery and adjustment during the time when market mechanisms are adjusting to a balance point in the future. which is in line with the government's economic drive. and in line with the policies of the Bank of Thailand (BoT) that have been continuously occurring. Bangkok Bank Public Company Limited is ready to respond to government measures. And recognizes the importance of supporting and helping alleviate the suffering of customers in order to reduce their financial burden by an nouncing a reduction of the interest rate for prime retail customers (MRR) by 0.25%, effective from April 29, 2024, for a period of 6 months. In the past, the bank has provided assistance to customers. Covers both large business customers, SMEs and retail customers. This includes vulnerable groups. Especially during the period when customers are affected by the COVID-19 situation. and economic situation Therefore, this MRR reduction of 0.25% emphasizes the bank's commitment to helping business customers while the economy has not yet fully recovered. It also helps stimulate the overall economic movement during a time of fragility from both internal and external factors within the country. In addition, the bank also has a project to help SME customers by providing special interest rate loans under the project. 'Bualuang Transformation Loan' project credit limit of 20,000 million baht, considering a maximum credit limit of 10 million baht per individual. Special interest rate fixed at 5% per year for a period of 5 years. Interested entrepreneurs Both current customers or new customers You can contact to apply. Bualuang Loans for Business Adaptation Available from 1 February 2024 - 31 January 2025 (or when a customer uses the full credit limit of the project) to support SME business operators in restoring their businesses and adjusting to increase their competitive potential to be able to grow sustainably. Source: Thai News Agency
Bangkok, Bangkok Bank Respond to government measures Reduce the financial burden of customers. Announcement of reduction of MRR by 0.25%, effective 29 April 2024. As the Thai Bankers Association (TBA) sees the need to issue additional assistance measures for vulnerable customers while the economic recovery is still incomplete and uneven. By reducing the interest rate for prime retail customers (MRR) by 0.25% for vulnerable customers. Both individual and SME customers for a period of 6 months to reduce interest burden. and support recovery and adjustment during the time when market mechanisms are adjusting to a balance point in the future. which is in line with the government's economic drive. and in line with the policies of the Bank of Thailand (BoT) that have been continuously occurring. Bangkok Bank Public Company Limited is ready to respond to government measures. And recognizes the importance of supporting and helping alleviate the suffering of customers in order to reduce their financial burden by an nouncing a reduction of the interest rate for prime retail customers (MRR) by 0.25%, effective from April 29, 2024, for a period of 6 months. In the past, the bank has provided assistance to customers. Covers both large business customers, SMEs and retail customers. This includes vulnerable groups. Especially during the period when customers are affected by the COVID-19 situation. and economic situation Therefore, this MRR reduction of 0.25% emphasizes the bank's commitment to helping business customers while the economy has not yet fully recovered. It also helps stimulate the overall economic movement during a time of fragility from both internal and external factors within the country. In addition, the bank also has a project to help SME customers by providing special interest rate loans under the project. 'Bualuang Transformation Loan' project credit limit of 20,000 million baht, considering a maximum credit limit of 10 million baht per individual. Special interest rate fixed at 5% per year for a period of 5 years. Interested entrepreneurs Both current customers or new customers You can contact to apply. Bualuang Loans for Business Adaptation Available from 1 February 2024 - 31 January 2025 (or when a customer uses the full credit limit of the project) to support SME business operators in restoring their businesses and adjusting to increase their competitive potential to be able to grow sustainably. Source: Thai News Agency