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Wednesday, May 8, 2024

Bangkok Post – BBL reduces lending rate

Bangkok Bank plans to cut its minimum retail rate by 25 basis points for six months, available to all loan customers.

Bangkok Bank (BBL), the country’s largest lender by total assets, is cutting its minimum retail rate (MRR) by 25 basis points for six months, starting on April 29.

The decision comes in response to a government appeal aimed at alleviating the financial strain on customers.

According to BBL’s statement, the bank will cut its MRR by 25 basis points for…

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