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Monday, September 03, 2007

Colonial National Bank Interest Rates (Updated 1.9.07)

Schedule of interest rates released by Colonial National Bank are as follows :
  • Business Banking Base Rate - 10.70%;
  • Residential Property Loan : Variable Rate - 11.00%, 1 Year Fixed Rate - 9.00%;
  • Investment Loan : Variable Rate - 11.00%, 1 Year Fixed Rate - 9.00%;
  • Retail Term Deposits : 9 months - 3.50%, 1 year - 3.50%, 1.5 Years - 3.50%, 2 Years - 3.50%, 3 Years - 3.50%.
Interest rates are on a per annum basis and may be varied by the bank without prior notice.

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