Bank of Ayudhya is rolling out the "Krungsri Tax Saving" campaign, offering up to Bt10,000 in the AYFGOLD Fund and up to Bt2,000 in gift vouchers from Central Department Store or Tesco Lotus when investors buy a minimum of Bt50,000 of Ayudhya Fund Management's longterm equity funds or retirement mutual funds. Moreover, investors are eligible to receive up to Bt1,000 in gift vouchers from Central Department Store or Tesco Lotus when purchasing life insurance and paying a premium of at least Bt50,000.
Krung Thai Bank will put more than 2,500 nonperforming assets with discounts of up to 35 per cent on sale at its Housing Exhibition, being held from today until Sunday at Central Department Store, Airport Plaza, Chiang Mai. The bank also offers zerointerest mortgages at a 110percent credit line to those who buy its NPAs.
Ch Karnchang will sell its two and fouryear debentures to the public from October 19 and 21 at Bank of Ayudhya's branches nationwide. The twoyear debentures carry a coupon rate of 5 per cent per annum, while the fouryear ones offer 5.4 per cent for the first two years and 6.2 per cent for the remaining period. The minimum subscription is Bt100,000.
Bank of Ayudhya is rolling out Krungsri special 10month timedeposit accounts until November 15. It offers an interest rate of 1.6 per cent per annum, payable on a quarterly basis.
Siam City Bank is rolling out the "Hood Home Good Health" campaign, featuring a free Bt3,500 health checkup voucher from Phyathai Hospital to those who apply for the bank's mortgages with a minimum credit line of Bt1.5 million and win approval by December 31.
Krung Thai Asset Management is launching an initial public offering of Krung Thai Fixed Income FIF3M1 (KTFF3M1) until October 31. The threemonth fund has a policy to invest in South Korean monetary stabilisation bonds or Korea Treasury Bonds and its investment is fully hedged against foreignexchange risk.
Meanwhile, the company is reselling unit trusts of the Krung Thai Capital Protection Fixed 6M FUnd 1 (KTFIX6M1) until today. The fund has a policy to invest in local government bonds and banks' deposits. It is expected to provide a return of 0.85 per cent per annum.
Ayudhya Fund Management is offering the Krungsri Korean Government Bond 9M3 Fund until Monday. The ninemonth fund will invest mainly in monetary stabilisation bonds issued by the Bank of Korea and Korea Treasury Bonds. It is expected to yield a return of 2.1 per cent per annum.
BBL Asset Management is conducting an IPO of Bualuang Thanasarn Plus 39/09, a fourmonth fund, Bualuang Thanasarn Plus 40/09, a ninemonth fund, and Bualuang Thanasarn Plus 41/09, a 22month fund, until Monday. All funds will invest mainly in foreign debt instruments. The minimum investment is Bt10,000.
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