Bangkok: TTB announced a 0.10% annual reduction in loan interest rates, effective March 2, 2026. This aims to lower financial costs, ease debt burdens, improve liquidity for businesses and households, and support economic growth.
According to Thai News Agency, Mr. Piti Tantakasem, CEO of TTB, stated that during a period of fragility in the Thai economy and incomplete recovery, coupled with high uncertainty in the global economy, TTB is ready to support the Thai economic recovery by reducing financial burdens, enhancing liquidity for businesses and households, and alleviating debt burdens in the current situation. Therefore, TTB has reduced its lending interest rates, effective March 2, 2026, in line with the Monetary Policy Committee's (MPC) decision to lower the policy interest rate to 1% per year to maintain economic stability and support the country's sustainable recovery.
The bank has reduced interest rates on all types of loans, including a 0.10% per year reduction in the MOR rate, a 0.10% per year reduction in the MLR rate, and a 0.10% per year reduction in the MRR rate. This provides assistance to retail customers, SMEs, and vulnerable groups.
In addition to assisting with interest rate reductions, TTB is the first bank to set a new standard in Thailand's personal loan industry to help solve household debt problems. It aims to promote disciplined repayment and improve financial lives by breaking away from the traditional income-based interest rate calculation method, instead considering credit score and risk level. This allows salaried individuals to access loans at appropriate interest rates through the "TTB Cash2Go" personal loan. Customers with good credit receive better interest rates. TTB calculates interest based on individual risk and credit score, starting at just 13.99% per year, down from the previous rate of often as high as 25% per year, a single rate throughout the loan term. This allows disciplined customers to save up to 11% per year in interest.
TTB remains committed to being a bank that continuously assists all customer groups, especially retail customers, SMEs, and vulnerable groups, through debt restructuring programs, extended repayment periods, and special loan terms under responsible and fair lending principles. This is coupled with financial literacy education to help manage debt in line with income and repayment ability, with the goal of improving the financial lives of Thais, both today and in the future.