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Article: Krung Thai Bank cuts key lending, deposit rates.

Article from:
Global Banking News (GBN)
Article date:
March 27, 2009
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Global Banking News-27 March 2009-Krung Thai Bank cuts key lending, deposit rates(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 27 March 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Krung Thai Bank Pcl (KTB.TH), Thailand's second-largest bank by assets, has cut its key lending rates by 25 basis points and its key deposit rates by 15-25 basis points, effective Friday.

Following the cuts, the bank's prime rate will drop to six percent, its minimum overdraft rate to 6.25 percent and its minimum retail rate to 6.50 ...

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