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Thai Interest Rates

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Ok, I'm interested in 2 rates:

- hypothecary rate (is there such an official rate ion Thailand?, how much is it?)

- interest paid on saving accounts, such as Kasikorn? Do the banks offer some kind of money market interests for fixed term deposits?

Just a quick reply as I'm on my way out the door ... all interest rates info can be found within the web site of the Bank of Thailand ... http://www.bot.or.th/english/statistics/financialmarkets/interestrate/_layouts/application/interest_rate/IN_Rate.aspx

Also do a thaivisa forum search on "term deposits foreigners" for a thread that included discussion of different interest rates offered to thais vs foreigners considered to be resident vs non-resident foreigners

Edited by chiangmaibruce

  • Author

thanks!

that just leaves open the question about the hypothecary rate (you could also say Mortgage Lending Rate). Is it around 5% ?

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