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Bangkok Post
Bangkok Post
Business

Banks vow to keep rates steady for the time being

Local major banks plan to hold their interest rates steady if the Bank of Thailand raises the policy rate on Wednesday, as they want to mitigate its impact on borrowers amid a gradual economic recovery.

Kasikornbank (KBank) chief executive Kattiya Indaravijaya said the lender would keep its current interest rates unchanged if the central bank's Monetary Policy Committee (MPC) decides to hike the benchmark rate today.

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