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TMB cuts loan rates

rooster59
rooster59
in Jobs, Economy, Banking, Business, Investments

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TMB cuts loan rates

By THE NATION

 

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TMB Bank Plc on Friday (August 16) joined other major banks in cutting its loan interest rates. The bank cut the Minimum Overdraft Rate (MOR) and Minimum Retail Rate (MRR) by 0.25 of a percentage point, effective from September 1.

 

After the cut, its MOR rate will fall to 7.425 per cent and MRR to 7.150 per cent.

 

Source: https://www.nationthailand.com/business/30374896

 

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-- © Copyright The Nation Thailand 2019-08-17

Wow... 1/4 of 1 percent and they actually have the nerve to say this is news and brag about it. 

Thank you for sharing this information. ???? This is great news. Usually, I used fast cash till payday, when I have unforeseen financials it really saves my situation. Reducing the interest rate on loans is great news. Now I will seriously think about what to take a loan from the bank????

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