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Bangkok Post

Business

Government banks unveil higher loan interest levels

Bank of Thailand Chatchai Sirilai Interest Rates GH Bank MPC

Visitors at the GH Bank booth at a previous Money Expo. The bank increased all types of loan rates by 0.25%, effective on Thursday. (Bangkok Post file photo)

State-run banks have begun to raise loan interest rates for the first time in years, in line with the Bank of Thailand's policy rate hike on Wednesday.

Government Housing (GH) Bank increased all types of loan rates by 0.25%, effective on Thursday. This marks its first loan rate hike over the past two years and nine months.

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