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Thursday, November 08, 2007

Colonial National Bank Interest Rates (Updated 3.11.07)

Schedule of interest rates released by Colonial National Bank are as follows :
  • Business Banking Base Rate - 10.20%;
  • Residential Property Loan : Variable Rate - 10.50%, 1 Year Fixed Rate - 8.50%;
  • Investment Loan : Variable Rate - 10.50%, 1 Year Fixed Rate - 8.50%;
  • Retail Term Deposits : 9 months - 2.60%, 1 year - 2.00%, 1.5 Years - 2.00%, 2 Years - 2.00%, 3 Years - 2.00%.
Interest rates are on a per annum basis and may be varied by the bank without prior notice.

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