Revision of Interest Rates on deposits
SAVING DEPOSIT – PER ANNUM | |||
Duration | Afs | USD | |
---|---|---|---|
– | 3% p.a | 1% p.a |
FIXED DEPOSIT – PER ANNUM | |||
– | ANNUALLY | ||
---|---|---|---|
Duration | Afs | USD | |
1 to < 3 Months | 3.00% | 1.50% | |
3 to < 6 Months | 3.25% | 2.75% | |
6 to < 12 Months | 3.50% | 2.75% | |
1 to < 2 Years | 4.00% | 3.00% | |
2 to < 3 Years | 4.25% | 3.25% | |
3 up to 5 Years | 4.75% | 3.75% | |
More than 5 Years | 5.5% | 4.5% |
Minimum Balance Requirement:
The Minimum Balance Required to qualify for Entitlement of the
above interest rates is as follow:
Nature of Deposit | Afs | USD |
---|---|---|
Fixed Deposit Account | 100,000 | 5,000 |
Saving Accountt | 2,000 | 100 |