Thailand Interest Rate

[toffo9]

can somebody plz tell me the interest rate for a mortgage off a thai bank plz

[toffo9]

is it 3.5 or is it more

[Braccobaldo]

is it 3.5 or is it more

<{POST_SNAPBACK}>

..the double of it.

[Heng]

MLR at the moment is 5.50 but it's going up (so "they" say).

[loong]

Is around 6 or 7%

Yet they give 1% to savers - rip-off or what!!!!!!!!!

[Erwin1011]

Is around 6 or 7%

Yet they give 1% to savers - rip-off or what!!!!!!!!!

<{POST_SNAPBACK}>

It is either that, or looking at some of the balance sheets a case of major incompetence, inefficiency and low productivity, for which the average saver is paying the price.

European and US banks work with about half those spreads with far better results.

[raro]

Is around 6 or 7%

Yet they give 1% to savers - rip-off or what!!!!!!!!!

<{POST_SNAPBACK}>

1%?? Lucky bastard!...usually it's around 0.25....

[loong]

Is around 6 or 7%

Yet they give 1% to savers - rip-off or what!!!!!!!!!

<{POST_SNAPBACK}>

1%?? Lucky bastard!...usually it's around 0.25....

<{POST_SNAPBACK}>

I am talking about rates for Thai savers, that is what the bank offers my lady for her savings. That is why she is sorting other ways to invest her money.

Foreigners can do better by opening a savings account in foreign currency. I think GB pounds attract the best rate. $ pretty poor.

My money stays in Uk getting 5% (less tax) until I need it

Edited September 19, 2005 by loong

[silk123]

Wise move.

Also i'm concerned about money in my thai accounts dissapearing if i died with all the corrupion and underhand behaviour normal here.