Mr. Pridi Daochai, Managing Director of Kasikornbank, revealed that to alleviate the impact of the overall economic slowdown, Kasikornbank is responding to policy by reducing the MOR loan rate by 0.25% to 6.62% and the MRR by 0.12% to 6.50%. This aims to lessen the burden on the bank's customers, particularly SMEs and individual clients.

However, the bank has not reduced the interest rates for individual savings accounts but has lowered the interest rate for corporate savings accounts by 0.05% and fixed deposits by 0.10% to 0.25%, effective from March 24, 2020, onwards.