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Wednesday, June 20, 2007

Colonial National Bank Interest Rates (Updated 20.6.07)

Schedule of interest rates released by Colonial National Bank are as follows :
  • Business Banking Base Rate - 11.70%;
  • Residential Property Loan : Variable Rate - 12.00%, 1 Year Fixed Rate - 10.15%;
  • Investment Loan : Variable Rate - 12.00%, 1 Year Fixed Rate - 10.15%;
  • Retail Term Deposits : 9 months - 4.50%, 1 year - 4.50%, 1.5 Years - 4.50%, 2 Years - 4.50%, 3 Years - 4.50%.
Interest rates are on a per annum basis and may be varied by the bank without prior notice.

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