Krungthai Bank, or KTB, has announced emergency measures to assist flood victims, reducing installments by up to 75% and cutting interest rates to 0% per year for 3 months on home loans, personal loans, and SME business loans. For home loans and SSME business loans structured as Term Loans, the bank will reduce installments by 75% of current installments for 1 year and cut interest to 0% per year for 3 months, after which a fixed rate of 2.5% per year applies for 33 months, totaling a special interest period of 3 years. For personal loans structured as Term Loans, installments are reduced by 75% of current installments for 1 year, with a fixed interest rate of 4.5% per year for 3 years. For SME business loans, the bank's assistance covers interest rate reductions, installment reductions, principal payment suspension, interest-only payments, or partial suspension of principal and/or interest payments, as well as contract extensions or adjusted repayment schedules. For business rehabilitation and home repair loans, including Top-up home loans, home equity loans, and SSME business loans structured as Term Loans, a fixed interest rate of 0% per year applies for 3 months, after which a fixed rate of 2.5% per year applies for 33 months, totaling a special interest period of 3 years. Home loans come with free appraisal and mortgage registration fees. SME business Term Loans have a maximum term of no more than 7 years, with special interest starting at 3.5% per year for the first 2 years, after which MLR-1% per year applies. Customers can express their intention to join the measures from August 24, 2026 to December 31, 2026, and must submit their request within 3 months from the date of the incident.
Krung Thai Bank Public Company LimitedKTB cuts loan installments up to 75% and offers 0% interest for 3 months to flood victims, a relief measure that pressures margins but supports borrowers.
