SCB Cuts Lending Rates to Support Economic Recovery and Ease Customer Burdens

Siam Commercial Bank (SCB) has announced a cut in lending rates following the latest resolution of the Monetary Policy Committee (MPC). This decision aims to support Thailand’s economic recovery and alleviate the financial pressure on households and businesses, particularly for SMEs, amid rising global uncertainties. The new rates will take effect on March 2, 2026.

Mr. Kris Chantanotoke, Chief Executive Officer of SCB, said, “The Thai economy continues to grow below its potential and unevenly, especially among SMEs and households that face financial cost and liquidity constraints. External pressures, including geopolitical issues and U.S. import tariff policies, have further heightened uncertainty. In line with the Bank of Thailand’s policy direction and to help ease customers’ interest burden, SCB has decided to cut lending rates.”

The new rates are as follows:

• Minimum Loan Rate (MLR): 6.350% per annum
• Minimum Overdraft Rate (MOR): 6.275% per annum
• Minimum Retail Rate (MRR): 6.575% per annum

Effective from March 2, 2026.

SCB remains committed to supporting customers through a range of ongoing relief and assistance programs. This rate cut reinforces the bank’s efforts to ease financial burdens and strengthen long‑term stability for households and businesses.

For more information or financial consultation, please contact the SCB Call Center at 02‑777‑7777.