State banks also lifting lending rates following latest Bank of Thailand rate hike
Bangkok Bank said on Thursday it would raise deposit rates by a maximum of 0.25 percentage points and increase loan rates by between 0.15 and 0.20 points.
The rate increases, effective on Friday, come after the Bank of Thailand raised its benchmark interest rates by 25 basis points to 1.5% this week.
State-run banks have also begun to raise loan interest rates for the first time in years, in line with the central bank’s move.
The Government Housing (GH) Bank on Thursday increased all types of loan rates by 0.25…
