GHB raises rates on fixed accounts | Bangkok Post: business

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GHB raises rates on fixed accounts

The Government Housing Bank (GHB) will on Monday raise interest rates on fixed-deposit accounts and all types of promissory notes by 2.5 per cent, GHB president Khan Prachuabmoh said on Thursday.

The interest rate on three and six months fixed deposit accounts and promissory notes will rise from 1.00 per cent to 1.25 per cent per year, Mr Khan said.

The new interest rates on fixed deposit accounts and promissory notes will be 1.75 per cent for one-year, 2.25 per cent for two years, 2.75 per cent for three years, and 3.25 per cent for five years, he said.

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