Two banks cut lending interest ratesIn response to the Bank of Thailand's policy rate cut on Wednesday, Bangkok Bank (BBL) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) yesterday announced a reduction to their lending interest rates of 0.1 percentage points per year. BBL, the country's largest lender by total assets, reduced its minimum lending rate (MLR), minimum overdraft rate (MOR) and minimum retail rate (MRR) by 0.1 percentage points each, effective Feb 26. The rate cuts are in line with the policy rate reduction and are intended to support Thailand's economic recovery. The bank said the reduction in lending rates aligns with government policy, as both monetary and fiscal measures are aimed at supporting economic growth. The committee plans to monitor the transmission of banking interest rates.

Source: Bangkok Post February 27, 2026 00:10 UTC