TMB-Thanachart Bank will reduce MOR (Minimum Overdraft Rate) by 0.25 per cent to 6.675 per cent, and MRR (Minimum Retail Rate) by 0.12 per cent to 7.03 per cent, effective April 1, said chief executive officer Piti Tanthakasem.
TMB and Thanachart Bank cut their Minimum Overdraft Rate (MOR) from 7.175 per cent to 6.925 per cent on Friday (February 7) to ease the financial burden of customers and help lift the subdued economy.
Thanachart Bank announced today (November 19) that it would cut its Minimum Retail Rate (MRR) lending rate to 7.150 per cent from 7.500 per cent, effective December 1.
Thanachart Bank Plc will today (August 21) cut its minimum overdraft rate or MOR, and its minimum retail rate or MRR, by 0.25 per cent effective, according to the bank release on Tuesday.
TBank and TMB track towards union in 2021 with 10m customers
FRIDAY, AUGUST 09, 2019
Thanachart Bank (TBank) and Thai Military Bank (TMB) will merge into one bank with 10 million customers, with the process expected to be completed in mid-2021.
TMB, Thanachart to sign merger once details finalised
WEDNESDAY, AUGUST 07, 2019
TMB Bank and Thanachart Bank has postponed the signing of their merger to later this week. The contract was to have been signed on Wednesday at a special TMB board meeting once all the procedures had been completed, a source in the finance industry said.
Union seeks higher compensatory rates amid prospect of TMB-Thanachart merger
FRIDAY, JULY 19, 2019
The labour union at Thanachart Bank (TBANK) has asked the Finance Ministry for its workers to be paid higher than minimum wages due to the likely layoffs that will follow its merger with the Thai Military Bank (TMB).