Kasikornbank will lower its Minimum Overdraft Rate (MOR) by 25 basis points to 6.62 per cent and minimum retail rate (MRR) by 12 basis points to 6.50 per cent to ease the burden on small and medium-sized clients and individual clients, according to its statement today.

The Bank for Agriculture and Agricultural Cooperatives (BAAC) has cut its minimum retail rate (MRR) by 0.125 per cent and its minimum overdraft rate (MOR) by 0.25 per cent from August 20 onwards, the bank’s president Apirom Sukprasert said.