Bank of Ayudhya announced a 0.15% rate cut effective 27th May, 2009.

The Minimum Lending Rate (MLR) is thus 6.25%, with Minimum Retail Rate (MRR) and Minimum Overdraft Rate (MOR) at 6.75%.

This makes it the 4th local bank to announce rate cuts after pressure from the Central Bank and Finance Ministry to pass on previous rate cuts to customers.