Bangkok Post – Srettha nudges big banks to cut loan rates

Vulnerable individuals and businesses need help in absence of BoT rate cut, says PM

Prime Minister Srettha Thavisin has urged the country’s four biggest commercial banks to reduce loan interest rates for vulnerable groups and small businesses after the Bank of Thailand repeatedly ignored his calls to lower borrowing cost from a decade-high.

Mr Srettha on Tuesday met with chief executives of Bangkok Bank, Siam Commercial Bank, Kasikornbank and Krungthai Bank to make the case for reduced interest rates for borrowers…