Krungsri reduces loan interest rates by up to 0.25%, effective December 24, 2568.

Krungsri (Bank of Ayutthaya Public Company Limited) announced a reduction in loan interest rates by up to 0.25%, effective from December 24, 2568.

December 19, 2568 Krungsri (Bank of Ayudhya Public Company Limited) Announcing a reduction in lending interest rates by up to 0.25% per year, effective December 24, 2568, to assist customers and reduce their financial burden, both in the business and individual sectors. This aligns with the Monetary Policy Committee's (MPC) latest reduction in the policy interest rate.

Mr. Kenichi Yamato, President and CEO of Bank of Ayutthaya Public Company Limited, revealed that, “Krungsri is ready to care for and assist all customer groups, especially vulnerable groups.”

By lowering interest rates, the government can help alleviate debt burdens in a manner appropriate to the current economic conditions. This will contribute to stimulating growth and promoting the sustainability of the Thai economy as a whole.”

Krungsri adjusts loan interest rates as follows:

• The minimum loan rate (MLR) for prime corporate clients has been reduced by 0.10%, from 6.750% to 6.650%.
• The minimum overdraft rate (MOR) for prime corporate loans has been reduced by 0.25%, from 6.725% to 6.475%.
• The Minimum Retail Rate (MRR) for prime retail loans has been reduced by 0.10%, from 6.870% to 6.770%.

These new interest rates will be effective from December 24, 2568 onwards.