KTB News
Krung Thai Bank offers 3.90% interest rate through 3 savings products

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Krung Thai Bank is now providing 3 savings products with special interest rates, offering alternatives for customers to invest. The products comprise of 10-month Special fixed accounts, 10-month KTB Step up Special accounts, and 10-month Special KTB-B/E. Interested depositors can pick up application forms at any of the Bank’s 1,000 nationwide till Sep 30.
     Mr. Chainarong Eursithichai, Senior Vice President, Acting Director, Retail Business & Network Group, Krung Thai Bank PCL. disclosed that to answer the need of customers requiring several types of savings and to return their favor in the midst of speculation that interest rate would be lowered, the Bank had launched 3 short-term savings products.

10-month Special fixed accounts yields 3.70% interest rate p.a., paid monthly, and the required deposit amount is 50,000 baht.
10-month KTB Step up Special accounts bears 3.699% p.a. in average; 1.25% p.a. in the first month, 1.50% p.a. in the second month, 2.00 % p.a. in the third month, 2.50% p.a. in the fourth month, 3.00% p.a. in the fifth month, 3.50% p.a. in the sixth month, 4.00% p.a. in the seventh month, 4.50% p.a. in the eighth month, 4.75% p.a. in the ninth month, and 9.99% p.a. in the tenth month. The required deposit amount is 50,000 baht and the interest will be paid on monthly basis. Moreover, money can be withdrawn before its maturity without penalty, and the interest will be calculated based on interest rate according to the month of withdrawal. 
The interest rate will be 3.90% p.a. for the 10-month B/E, a minimum purchase required is 100,000 baht. The Bank hands in the principal and interest upon maturity.

nterested clients are invited to open accounts or buy B/Es at any branch from now until September 30, 2011.

Corporate Branding & Communications Department
Publication date : September 1, 2011