GHB raises deposit rates

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GHB raises deposit rates
Writer: BangkokPost.com
Published: 4/08/2009 at 03:07 PM The Government Housing Bank is increasing interest rates on special savings and fixed accounts and an promissory notes by 0.25-1.50 per cent, GHB president Khan Prachuabmoh said on Tuesday afternoon.

Mr Khan said the interest rate on a special savings account will rise from 1.00 per cent to 1.25 per cent.

The rate for one year fixed accounts and promissory notes will go from 1.25 per cent to 1.75 per cent, and for  two years fixed accounts and promissory notes to 2.50 per cent from 1.75 per cent.

The interest rate for three years fixed accounts and promissory notes will increase from 2.00 per cent to 3.25 per cent, and for five years fixed account and promissory notes to 3.75 per cent from 2.25 per cent.

The new rates take effect from Wednesday, Aug 5, he said..